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Technology Stocks : Comverse Technology

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To: shlomi cohen who wrote (427)	5/20/1998 2:13:00 PM
From: Eve Edelson	Read Replies (1) of 1331

>Results due out next week And I'm sure they will be very good as usual. I have no doubt about the quality of the company. I just saw the stock getting pounded and wanted to be in something else right now. I have limited funds so if I want stock B I have to sell stock A. I suppose I'll be back in the not too distant future. Tho' the high institutional ownership still concerns me. What if CMVT announces only great earnings instead of super-great, and some fund manager dumps a bunch of shares? ANLT, another fine company, has tanked lately, for no reason I can see. Excellent business niche, consistently excellent earnings, etc., and the stock dropped radically. It depends on your perspective I guess. Sometimes I feel a longterm dedication to a stock & then I just wait things out. Well, I look forward to another fine quarterly report and we'll see how the market reacts. cheers

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