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Technology Stocks : Intellisync Corp (SYNC)

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To: MJ who wrote (13)8/19/2005 1:49:56 PM
From: sixty2nds  Read Replies (1) of 67
 
IMO it's running on the news and ahead of earnings 8/25. The following probably is a factor.... Earnings Next earnings release: Aug 25 after market, unconfirmed. Reuters Research estimate: -0.03


Results for In Play; last 6 months


Date Archive Article
18-Aug-05 09:33 ET In Play Intellisync: Investors miss a golden opportunity to get in at cheap prices - ThinkEquity (SYNC) 3.05 +0.03 : ThinkEquity is positive on SYNC, noting the deal with VIVO marks the second tier 1 carrier to deploy Intellisync as a private label. Firm believes this validates Intellisync's technology and will lead to additional contracts with Brazilian and Latin American carriers. The implications of this are far reaching. As Intellisync lands additional carriers, the company's addressable market will rapidly expand. Thinks SYNC has been far more successful than Research In Motion (RIMM) on a carrier-by-carrier basis. If investors wait much longer to buy SYNC, the firm believes they will miss a golden opportunity to get in at cheap prices. Maintains Buy and $5 tgt on SYNC.
17-Aug-05 08:04 ET In Play Intellisync selected by Vivo as wireless email provider (SYNC) 2.85 : Co announces that it has been selected as the mobility platform for VIVO, the largest operator of mobile telephony in the Southern Hemisphere. VIVO, part of the Portugal Telecom and Telefonica Moviles groups, will license Intellisync mobile software to deliver push-based wireless email and data synchronization capabilities across a wide range of mobile device types to its more than 27 mln customers in Brazil.
09-Aug-05 09:38 ET In Play Intellisync: Expect to be valued similar to RIMM's push email business - ThinkEquity (SYNC) 2.87 +0.01 : ThinkEquity believes things are going well for SYNC, and that the strategy put in place by CEO Woody Hobbs a few years ago is finally bearing fruit. They think the growth of the wireless business is accelerating and should be a catalyst for significant stock appreciation in a few quarters. They say an expanding carrier roster, subscriber additions ahead of expectations, and clear progress in transforming the company into a carrier-focused applications provider should soon convince investors that SYNC is indeed undervalued, and deserves a multiple closer to that awarded to RIMM's push email business. Firm rates SYNC a BUY with a $5/share price target
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