Roundtable Forum - Telecommunications Services: Donna Jaegers, Janco Partners, Inc.; Michael Nelson, Stanford Group Company

Telecom Services Companies: Timothy Horan, Oppenheimer & Co., Inc.

Off the Record - Communications Services: Off the Record asks company leadership which management teams in their sector they most respect for their ability to execute and generate shareholder value.

CEO Interviews (average 2,500 words): Top management from 16 sector firms examine the outlook for their firm and sector. Firms interviewed include: Alaska Communications Systems Group, Inc., Clearfield, Inc., Cogent Communications Group, Inc., ConectiSys Corporation, Cortelco Systems Puerto Rico, Inc., Cyber Digital, Inc., Ditech Networks, Inc., ERF Wireless, Inc., Global Telecom & Technology, Inc., Globalstar, Inc., GTX Corp, Hemisphere GPS Inc., Hostopia.com Inc., Jingwei International Limited, Juma Technology Corp., WPCS International Incorporated

Topics covered: Valuation vulnerabilities - Dividend payments - Regulatory outlook - CLECs vs. Bells - Problems at Sprint - Competition with cable - Wireless substitution - Growth in data services - New technologies – Ethernet - Changes in linear video model - Cash flow and cap ex - M&A activity - Outlook for RLECs - Reverse auctions - Differentiated service offerings - Investor interest in the sector - Stock recommendations - Stocks to worry about

Companies covered: Sprint Nextel (S); AT&T (T); Verizon Communications (VZ); SAVVIS (SVVS); MetroPCS (PCS); Windstream (WIN); Embarq (EQ); Time Warner Telecom (TWTC); PAETEC (PAET); CenturyTel (CTL); Citizens (CZN); Equinix (EQIX); Cbeyond (CBEY); Cogent (CCOI); QUALCOMM (QCOM); Level 3 (LVLT).