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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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To: akmike who wrote (111)4/2/2002 8:57:49 PM
From: puborectalis  Read Replies (1) of 1575
 
Sonus Networks, Inc. ab [NADAQ: SONS $2.82]

12-Month Price Target: $4.00
F2002E EPS: $(0.30), down from $(0.15)
F2003E EPS: $(0.19), down from $(0.01)
Buy
Paul Johnson, Communications/Networking..RobbyStephens

Investment Conclusion: Despite diminished near term growth expectations for Sonus, there is material carrier interest in the market to deploy a VoIP strategy and Sonus remains one of the few next generation vendors of carrier grade VoIP equipment. We are confident in the market’s long-term viability and therefore we rate the shares of Sonus a Buy.
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