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Technology Stocks : Comverse Technology

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To: NotNeiderhoffer who wrote (1235)	10/27/2000 3:38:10 PM
From: Mark Ambrose	Read Replies (1) of 1331

Hey NN, Comverse is still one of Tim Luke's Favorites. netcog.com ------------------------------------------------------------ Tim Luke is a analyst in the fiber optic sector at Lehman Brothers and sees that the fundamentals in the core areas of the sector are healthy. In the case of NT, carriers saw strong demand and now need some time to digest inventory levels, perhaps one or possibly two quarters. Luke sees a strong picture over the long-term though for the fiber optics. Favorite stocks of Luke are: CMVT – a company involved in pure play on wireless messaging and data. Huge backlog and visibility. 12 month target price of $140.00 up 7.06 to 110.81 PHCM – down 3.38 to 91.81 QCOM – up 4.00 to 75.81

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