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

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To: SGJ who wrote (577)1/4/2008 3:34:38 PM
From: Sam Citron  Read Replies (1) of 834
 
1:51PM Nuance Communications: Sell off creates golden buying opportunity - FBR (NUAN) 16.40 -0.75 : FBR notes that shares of NUAN are down roughly 20% since the co announced its equity offering in mid Dec. The firm continues to believe the Dec qtr was another strong one for NUAN, as the co saw deal strength across verticals, with speech adoption trends increasing across the board. Importantly, they note that, while NUAN only completed part of its shelf, its #1 shareholder Warburg sold no stock at the $17.50 price, a positive indication from insiders regarding the value of the stock, in their opinion. While they recognize the combination of its ill-timed offering, poor technicals, and market jitters has caused heartburn for NUAN's shareholders over the last few weeks, they believe the recent sell-off is a golden buying opportunity for investors willing to hold this stock over the next 6-12 months.

www.briefings.com INPLAY
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