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Technology Stocks : Comverse Technology

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To: Eve Edelson who wrote (414)4/29/1998 5:51:00 PM
From: Beltropolis Boy  Read Replies (1) of 1331
 
RESEARCH ALERT - Comverse Technology

NEW YORK, April 29 (Reuters) - Piper Jaffray said it initiated coverage of Comverse Technology Inc. with a strong buy rating and a 12-to-18 month price target of $58.
-- called the company the "best play in the enhanced services industry."
-- the company designs, makes and markets computer and telecommunications systems and software for multimedia communications and information processing.
-- stock was up 1-1/4 to 47.
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