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Technology Stocks : Comverse Technology

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To: Beltropolis Boy who wrote (654)	3/2/1999 6:08:00 PM
From: NotNeiderhoffer	Read Replies (3) of 1331

Cm, The $1 price target is actually Trader Dave's price target. The latest deal gets us into IVR, the graveyard of telecom investing. Well, at least they did not buy BVSI or PERI. What is up with pooling it? Kobi is holding on to that wallet full O'cash tighter than a tourist in Times Square would. Actually I don't think it is a bad move and might allow them to fill in an area that they did not previously offer to the customer base. Fairly insignificant deal I suppose as I have not gotten even one phone call from sell side people. Not even Nutmeg securities. From what I am reading into this, amarex does business with both MCI Worldcom and British Telecom and CMVT bought amarex to use as a sort of trojan horse and try to weasel their way into two of the biggest accounts they don't really do business with. It brings us one step closer to bringing LU to its knees. Die LU, DIE!! NotLongLUNeiderhoffer

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