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Professionally Speaking
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Posted September 24, 2009 For information about downloading a free media player, please see our Free Software page. Battle of the Smart PhonesA whole new generation of feature-rich “smart phones” from manufacturers including Google, Apple, RIM, Palm and Motorola is enabling consumers to surf the Internet, take and send high-quality photos and videos, play online games and music, buy an array of products and services – and even make phone calls. While smart phones are currently on the market, most consumers still use more traditional cell phones – but that could change by yearend, says equity research analyst Todd Koffman in this edition of Professionally Speaking, hosted by Larry Pugliese. For personalized advice on whether converting your traditional IRA funds into a Roth account could benefit you, please contact a Raymond James financial advisor. *The option to spread the federal income taxes over two years applies to 2010 only. For conversions occurring after 2010, the federal income taxes due must be paid in full the following tax year going forward. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion. Todd KoffmanDirector of Telecommunications Equipment Research Todd Koffman joined Raymond James Equity Research in June 1998, focusing on telecommunications and cable equipment. He held analyst positions at Lehman Brothers, from 1996 to 1998, and Dean Witter Reynolds, from 1990 to 1996. Mr. Koffman also has experience as an RF electronics engineer with Raytheon and Grumman Aerospace. He holds a bachelor of science degree in physics from State University of New York and an M.B.A. from Adelphi University. All expressions of opinion reflect the judgment of the Equity Research Department of Raymond James & Associates at this time and are subject to change. Information has been obtained from sources considered reliable, but we do not guarantee that the material presented is accurate or that it provides a complete description of the securities, markets or developments mentioned. Other Raymond James departments may have information that is not available to the Equity Research Department about companies mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this presentation's conclusions. We may perform investment banking or other services for, or solicit investment banking business from, any company mentioned. Investments mentioned are subject to availability and market conditions. All yields represent past performance and may not be indicative of future results. Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. are wholly-owned subsidiaries of Raymond James Financial. |
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