"Intel (INTC) is moving into what I've described as the 'middle-markets; for processors; these markets include all sorts of mobile computing devices (smartphones, smartbooks, tablets, etc.) as well as a host of emerging 'connected devices'," says technology stock guru Paul McWilliams.

The editor of Next Inning explains, "Connected devices include stuff like TV, Blu-Ray players, Set-Top-Boxes, etc. that provide some level of computing power as well as Internet connectivity.

"If you use a mobile phone with a camera, thank Tessera (NASDAQ: TSRA)," says Mike Cintolo in the Cabot Top Ten Report. "When it comes to miniaturization, Tessera is the go-to company."

"Tessera is one of the companies that drove the price of camera components down by miniaturizing them and combining them on a single chip.

"You'll find its technology in MP3 players, video games, wireless phones, computers and numerous other products where companies are forever working to design products smaller and manufacture them more cheaply.

"We believe that the recent relative strength of tech stocks is the start of a longer term trend, not merely a flash in the pan," says Jim Oberweis and Dave Covas.

In The Oberweis Report, the money managers and small cap advisors explain, "Our confidence stems from the emergence of the next Killer Apps, which drive technology cycles because they change how we live our lives." Here, they make a case for technology and offer a trio of small cap favorites.

"During the 1980's and early 1990's, the personal computer was the Killer App. During the late 1990's, it was the Internet. During this decade – zilch. Until now. The next Killer Apps – video-on-demand and ubiquitous high-speed wireless connectivity – are coming.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"Our more speculative favorite -- a 'swing for the fences' pick for 2008 -- is a tiny company called Wizzard Software (NASDAQ: WIZD)," says Nate Pile, editor of Nate's Notes.

"The company has been around for a number of years doing work in various speech-to-text and text-to-speech industries, though it has also spent much of the last two years building a presence in the podcasting arena.

"In fact, with the acquisition of Liberated Syndication (or Libsyn, as the cool kids call it) earlier this year, the company managed to take over the top spot as the largest podcasting network in the world.

"And, while it remains to be seen exactly when and how Wizzard might be able to monetize that 'top dog' position, what is already known is that 'the big boys' of the digital marketplace (Google, Yahoo!, Microsoft, etc.) have not been too stingy in the past when they have made offers to buy their way into various niches of the 'digital lifestyle' space.