A new wave of small tech stars seen on the horizon

Investor's Business Daily reports on some small technology companies that are finding "growth in some obvious yet overlooked places." One area highlighted in the article is "technology that allows carriers to add coverage to rural areas without spending on more expensive, third-generation network upgrades."

Albert Lin at American Technology Research said, "Many handset manufacturers bet against it, notably Samsung and LG. Now, many of the U.S.-based and European wireless carriers are behind it. They're building hybrid networks, using 3G networks in urban areas and using Edge in rural areas."

Lin pointed out companies like "RF Microdevices Inc. (RFMD) and Freescale Semiconductor Inc. (FSL) among the chip specialists that are taking the lead in developing Edge components."