Dialogic ready to soar, funds buying Message Board

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Technology Stocks : Dialogic ready to soar, funds buying

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From: JakeStraw	6/14/2011 11:46:29 AM
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Dialogic Gets $10 Target at Craig-Hallum Dialogic Inc. (DLGC), a provider of voice infrastructure solutions for emerging wireline and wireless service providers, was initiated with a Buy rating and $10.00 per share price target at Craig-Hallum. At a significant 102% premium to the current market price, the analyst’s recommendation represents a very bullish stance on the firm’s future outlook. Investors have been looking at the company’s recent deals in China, India, Brazil and Russia as potential catalysts for growth, while its recent merger provided it with better economies of scale to expand its footprint and reduce its costs. Meanwhile, the firm forecast a significant increase in second quarter revenues as they are seeing good acceptance in the market for its technology platforms. seekingalpha.com

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