SONS Message Board - Msg: 23972382

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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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To: carranza2 who wrote (1223)	10/16/2007 3:39:46 PM
From: FJB	of 1575

Sonus Networks (SONS) NewsBite - Insider Trading Indicates Bullishness on Sonus Networks Posted on Tuesday, October 16, 2007 1:10 PM Sonus Networks Inc. (SONS) opened at 5.97. So far today, the stock has hit a low of 5.93 and a high of 6.39. SONS is now trading at 6.30, up 0.32 (5.36%). The stock hit its 52 week high of 9.03 in June and set its 52 week low of 4.71 in November. SONS had a big fall through July and August, but has been stronger recently. A quick look over insider trading shows that over the past three months insiders have been picking up over $134 million shares in the company, with no selling or buying activity for the past month, indicating they feel the stock will move higher. Technical indicators for the stock are neutral and improving while S&P gives SONS a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider a January bull-put credit spread below the $5 range. SONS stock could rise up to 20.6% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]

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