Sony Ericsson Rika Announcement Planned?

Word on the street has it that Sony Ericsson is planning to officially announce its Rika formally this November 6th, also known by its model number the W705. Specifications include :-

* 2.4?display at 320 × 240 resolution
* 3.2 megapixel camera with LED flash
* Wi-Fi and Bluetooth connectivity
* aGPS navigation
* 3.5mm audio jack

You will be able to choose from Passionate Red or Luxury Silver colors, depending on your preference.