CMVT still a BUY in SMART MONEY magazine, July 1988 issue.
My latest issue arrived in the mail on Monday, June 22nd.
The cover story, "The Best Mid-Year Investments,"
goes from pages 75 to 84.
Mixed-in on page 81 is, "Love Them or Leave Them,
Buy, sell or hold: what to do with '97's Best Investments."
They revisit the 10 stocks they recommended a year and one-half ago.
(from their table):
"Comverse Technology (CMVT)
price on 11/21/96 $33.13
price on 05/29/98 $49.88
gain 50.6 %
forward P/E 27.7 "
"Comverse Technology (Nasdaq: CMVT)
In an earnings-driven market, analysts love this maker of
telecom networks and messaging systems. Sales in 1997
jumped 42 per cent. The company has also acquired a
major competitor, Boston Technology, in a move expected
to strengthen its growing network division. BUY "
My Note:
Comverse was the *only* BUY on their list,
There were 3 SELLs and the rest were rated HOLD. |
