SONS Message Board - Msg: 24249268

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Technology Stocks : SONS

SONS 7.830

+2.8%

Nov 28 4:00 PM EST

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From: Bill Wolf	1/25/2008 8:07:43 AM
	of 1575

Jan 24............... January 24, 2008, 2:10 pm Sonus Networks: Cantor Ups Rating To Buy On Valuation Posted by Eric Savitz Sonus Networks (SONS) shares are higher today after Cantor Fitzgerald analyst Edward Jackson raised his rating on the VOIP equipment provider to Buy from Hold “solely” on a valuation basis. He maintains a $5.50 target price on the stock. Jackson says he remains comfortable with his Q4 estimate of $97.3 million in revenue and EPS of 5 cents pro forma, 3 cents GAAP. I would note that Sonus shares dropped 34% from the end of the year through yesterday’s close. Ouch. Sonus today is up 21 cents, or 5.4%, to $4.08. blogs.barrons.com

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