MTI WIRELESS EDGE LTD, Tech Growth Share.

The IC gave them a buy recc on the 11 Aug 06 @ 47p - Operating profits up 61% in H1 2006 as higher volume production created economies of scale. Strong cash generation means that MTI is set to pay a 0.9p dividend. It has £6.4m in the bank earmarked for an acquisition in Asia, which would place the company closer to some key customers and cut costs.

Perhaps most importantly I believe that MWE range of products is in such a high demand niche market it makes it virtually immune from any potential weakness in global ecomomies. Another attractive feature is the suitability of its products in both developed and developing economies in both high and low density populated areas. FY results coud well be the catalyst for putting MWE on a lot more P.I. radar and 'buy' lists.