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Technology Stocks : Comverse Technology

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To: Al Van Putten who wrote (67)	8/13/1996 10:02:00 PM
From: Brett Trueman	of 1331

Al, I really appreciate your summary statistics. Where would I be able to find them? CMVT's P/E is high, but as you say, its projected growth rate is also very high. I recall seeing estimates of up to 35 or 45% growth in EPS over the next several years. I have my doubts as to whether CMVT is going up because of the terrorist incidents that have taken place recently. I don't recall that the stock moved much after they occurred. I'm also surprised that the Wall Street estimate is for EPS less than that of last quarter. It might be that those estimates have not been updated recently. It's not always the case that current EPS estimates are really 'current' Given the high volume and the strong upward momentum, I'm very curious as to where CMVT goes tomorrow. If the tech sector doesn't falter, it could be another strong day for CMVT. I hope we all have good luck! Brett

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