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Technology Stocks : Acme Packet (APKT)
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To: John Carragher who wrote (59)11/25/2006 8:35:22 AM
From: John Carragher  Read Replies (2) of 291
 
Credit Suisse initiates Outperform. Target $21. Credit Suisse initiates APKT with an Outperform and a $21 tgt saying APKT has established itself as the leader in the young, but rapidly growing Voice over IP Session Border Controller market. The firm say still emerging from its nascent stage of development, the S.B.C market offers an especially robust near and long-term growth opportunity. From a relatively small base of $86mln in revenues in CY05, the firm forecasts 30+% CAGR through CY10 and well above industry average double-digit growth over the next decade
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