As if the deterioration in the

Nasdaq

hasn't been torture enough, the past two weeks have witnessed the crumbling of a market stalwart: the wireless sector. The first to report was

Motorola

(MOT)

, with a second-quarter report that met Wall Street's earnings target, but at the cost of some significant market share.

Then

Ericsson

(ERICY)

weighed in

July 21, warning that looming components shortages would likely hurt its third-quarter results.

The final nail in the coffin was the announcement this past Thursday by market leader

Nokia

(NOK) - Get Report

, which

warned that third-quarter earnings would not be able to keep up with the results just posted for the March-June period.

All of a sudden, one of the few remaining sure bets on Wall Street has become a risky wager. What has happened to the golden wireless sector, and where is it headed?

TSC's

reporters and contributors have been scrambling over the past several weeks in an attempt to find out. Here, as a special report, are the best of their efforts.

Nokia's High-Wireless Act Takes a Fall

Now observers aren't certain that the wireless story is as strong as it once appeared.

Why Motorola's News Is Not Good News for Cellular

Maybe the industry isn't invincible after all?

Ericsson's Plan B

Will Ericsson's success in wireless networks make up for thinning handset margins?

Motorola: Such a Bargain, Part 1

Those cheering Motorola's second-quarter results are overlooking serious long-term problems.

Motorola: Such a Bargain, Part 2

The bill for Motorola's missteps in wireless infrastructure technology is about to come due.

With Spinoff, Qualcomm Wins a Trip to Europe

The company needs to make a deal to tap into the GSM wireless standard's installed base.

Peering Into Qualcomm's Darkening Crystal Ball

The stock's go-go days appear to be over, as analysts predict a sinking outlook for its chip sales.

Good Wireless Numbers Overshadow Core Weakness at AT&T

The stock rallies as AT&T Wireless reports a strong quarter.

'25 for 2000': The Year of Living Wirelessly?

If you want in on the action today, Nokia is the one to own.

And, for some background on why the wireless field offers such tantalizing growth prospects, refer to the following:

The Future of Wireless Is WAP

Why should you learn about wireless access protocol? Because it's about to transform the entire wireless industry.

The Bluetooth Plays, Part 1

The emerging market for wireless interface technology spells a potentially big opportunity for investors.