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Technology Stocks : Comverse Technology
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To: Brett Trueman who wrote (84)8/29/1996 1:30:00 PM
From: Al Van Putten   of 1331
 
I agree that often there is a lag... CMVT's price seems to be priced to some degree on the earning increase expectations that have always been delivered in the past. Otherwise the PE would seem to be too high for this niche player.

I'll be following the stock with interest for the next 10-15 days but will be out and unable to post. Hope when I'm back on, CMVT is at 38-39.

Al
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