BancBoston Robertson Stephens Reiterates Buy on Genesys Tel.
Labs., Inc.
SAN FRANCISCO, Feb. 8 /PRNewswire/ --
BancBoston Robertson Stephens managing director and software analyst Marshall I. Senk today maintained his Buy rating on Genesys Tel.
Labs., Inc. Genesys, headquartered in San Francisco, Calif., is the leading provider of enterprise platform and application software that enables businesses to integrate critical business data and computing resources with telephony and other telecommunications media.
''We are reiterating our Buy on Genesys based on our checks with salespeople, customers and management. We are very comfortable that
the March quarter is tracking well,'' said Senk. ''We remind investors that the company has beaten expectations every quarter since its IPO,
and are very comfortable with our third quarter revenue estimate of $35 million and our earnings per share estimate of $0.17.''
''Our call is based on several company strengths, including: 1) a leading product set, with comprehensive management, reporting,
distribution and multi- media capabilities; 2) one of the most leveraged distribution channels; 3) a large and rapidly growing installed base, and 4) an increasingly seasoned management team,'' said Senk. ''These assets make Genesys the leader, in our view, in the enterprise CTI market, which is a large and accelerating market opportunity.'' |
