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Technology Stocks : Nuance Communications, Inc.
NUAN 54.840.0%Aug 11 5:00 PM EST

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From: Jorgen Jensen11/15/2006 12:34:49 PM
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Comments from Friedman Billings:

15-Nov-06 07:15 ET

Nuance Communications: Solid results; no surprises - FBR (10.99)

Friedman Billings says after preannouncing itive results a few weeks ago, NUAN reported its final Sept results last night. In sum, it was a very solid quarter across the board, as it appears the co is 'back on track' after digesting some large acquisitions into the fold. As evidenced by its strong quarter and healthy outlook, coupled by firm's recent field checks, they believe Y07 could be a 'game changing' year for NUAN, as it appears the co has some nice tailwinds in its sails for the coming quarters. With adoption for speech recognition starting to gain steam across a number of verticals, firm believes NUAN is well positioned to benefit from these positive market dynamics given its entrenched leadership position in the market. Firm encourages investors to build positions at current levels.
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