SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Al Van Putten who wrote (23)5/31/1996 8:58:00 PM
From: Mark Ambrose   of 1331
 
CMVT closed at a new high: 29 3/8 up 1 3/8 ( up 4.91% )
bid 29 3/8
ask 29 1/2

on a volume of 347,000 shares ( 291 trades ).

I "bought" a Zacks Investment Research report today (5/31/96)
on the internet (report dated 5/25/96).

Wall Street Recommendations:

Comverse Tech. ranked 25 out of 114 telecom. equip. companies; the

telecom industry ranked 23 out of 210 industries.

CMVT rated a "Strong Buy" by 2 Regional Brokerage Firms,
and 1 National Retail Broker.

CMVT rated a "Moderate Buy": 1 National Retail Broker,
and Zack's themselves.

(It had NO ratings of "Hold" "Moderate Sell" or "Strong Sell."

5.58 % of the shares are owned by Institutions.

5.7 % of the shares are owned by Kobi Alexander (the chairman)
who is paid $874,951.
CMVT has 524 employees.

I am not aware of any news that is causing this price run-up.

Mark Ambrose
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext