Comverse Shows Phone Companies How To Make Money.
I bought Monday's (06-17-96) issue of Investor's Business Daily
newspaper. Page B14 contains the "Companies In The News" article.
Except for 2 ADs, the whole page is about CMVT; the headline is:
Comverse Shows Phone Companies How To Make Money.
There are 3 incredibly detailed graphs (weekly, daily, monthly)
and lots of tables.
As of 12/31/95: (*) thus last quarter means Oct.+Nov.+Dec, 1995
49 mutual funds owned 3,796,051 shares (21%),
17 of them are ranked A+, A, or A- by IBD.
13 funds bought the first time last quarter(*),
5 funds added more to their previous holdings,
1 fund reduced its holdings.
30 funds holdings were unchanged.
40 investment advisors had 10,881,413 shares under management,
5 bought the first time last quarter,
21 added more to their previous position,
6 reduced their holdings,
8 made no changes.
15 banks owned 935,880 shares ( 5%),
1 bought for the first time last quarter,
10 added to their previous holdings,
3 reduced their holdings,
1 made no changes.
8 insurance companies owned 915,135 shares ( 5%).
1 bought for the first time last quarter,
4 added to their previous holdings,
1 reduced their holdings,
2 kept their position unchanged.
Comverse Management owns ( 6%).
The 5 year Growth rate of Earnings Per Share = +48%
Average daily volume = 264,400 shares.
21,259,000 shares outstanding,
18,283,000 shares in the public float.
Market Cap. = $ 616,000,000.
Sales outside of North America accounted for 50% of 1995 revenues.
Next EPS due 08-01-96.
CMVT is a leading member of the "Telecommunications - Equip." group
and IBD ranked it 9th out of the top 14 in the group shown.
(the relative strength of the group is 98%)
CMVT = 97 EPS rank,
= 85 relative strength.
Comverse will show its first Trilogue "intelligent network" services
at the Supercomm trade show in Dallas next week.
Mark Ambrose |
