Comverse Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Comverse Technology

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Ambrose who wrote (57)	7/31/1996 4:26:00 PM
From: Brett Trueman	of 1331

Mark, a block trade is normally considered to be 10,000 shares or more. I saw several of these trades again today. I believe that one or more institutions or insiders are accumulating shares. As far as I know, CMVT is scheduled to release its earnings tomorrow. In the past, if the earnings were good, the stock went up for a short time after the announcement, but then retreated. If the earnings were bad, the stock dropped sharply. In any case, it looks like holding a position in CMVT overnight entails a lot of risk. I sold my position, as I didn't want to take that risk. But, I'm ready to buy it back at the appropriate time (whenever that is). Brett

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next