Here this Olympus latest entry-level digital camera FE series the FE-47 and FE-4020. Both has specified by 14MP CCD sensor complete with 2.7″ LCD display with 230,000 pixels, Point-and-shoot system, Intelligent Auto mode , AF tracking and Magic Filter features support. Olympus has planted the FE-47 with F3.5-5.6 of 5X optical zoom lens and equivalent to 36 - 180 mm. Meanwhile the FE-4020 with F2.6-5.9, 4X optical zoom lens equivalent to 26 - 105 mm. Olympus will ship the FE-47 this month at cost $120 and the FE-4020 next month with price at $150.