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As camera phone penetration rises and their image quality improves, hundreds of millions of consumers around the world will become accustomed to grabbing spur-of-the-moment photos with their phones. But, for those precious family moments that people want to preserve for posterity by printing, they will still primarily turn to their digital cameras.Steve Hoffenberg
Short of a significant decline in oil prices, we do not foresee a likely catalyst that would spur the market significantly higher at this time. The equity market will likely remain in a transition phase, which could see the strong equity market uptrend of 2003 evolve into a slight downtrend in early 2005.Francois Trahan