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To: DownSouth who wrote (794)7/30/1999 10:23:00 AM
From: Beltropolis Boy  Respond to of 1331
 
ack! ... ignore ... dupe post. EOM



To: DownSouth who wrote (794)7/30/1999 10:23:00 AM
From: Beltropolis Boy  Respond to of 1331
 
>Back on topic: CMVT has dipped below my threshold of loss. I may take my money somewhere else today. Stop me!!<

stop me, stop me, stop me if you think you've heard this one before: don't do it, DS! sounds like you entered near the top. that can obviously hurt and with the current summer tech doldrums along with impending fall millennium mania, i would not be surprised if you get a nice buying opportunity later.

however -- and i realize it's difficult -- i do my damnedest on a daily basis to ignore street myopia and the machinations of money makers to focus on pure fundamentals and business outlook. as a staunch long-term buy & holder, i don't see any reason to bail.

remember, master buffett himself does not even have a stock ticker in his sparse office.

(for the record, my previous post, while slightly gauche, was intentionally glib.)

all my best for an auspicious '99,
-chris.



To: DownSouth who wrote (794)7/30/1999 12:50:00 PM
From: Beltropolis Boy  Read Replies (2) | Respond to of 1331
 
psychologically, this may be another good reason to stay aboard.

-----

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
TO BE HELD ON OCTOBER 8, 1999

------------------

NOTICE IS HEREBY GIVEN that the 1999 Annual Meeting of Shareholders of
COMVERSE TECHNOLOGY, INC. (the "Company") will be held at the Huntington Hilton,
598 Broadhollow Road (Route 110), Melville, New York, on Friday, October 8,
1999, commencing at 10:00 A.M. (local time) for the following purposes:

1. To consider and act upon a proposal to amend the Certificate of
Incorporation of the Company to increase from 100,000,000 to 300,000,000 the
aggregate number of authorized shares of the Company's Common Stock, par value
$.10 per share ("Common Stock").

2. To elect nine directors who will serve as the Board of Directors of
the Company until the next annual meeting of shareholders and the election of
their qualified successors.

3. To consider and vote upon a proposal to adopt the Company's 1999
Stock Incentive Compensation Plan, under which up to 3,500,000 shares of Common
Stock may be issued as equity-based compensation to employees and directors of
the Company.

4. To consider and vote upon a proposal to amend to the Company's
Employee Stock Purchase Plan, to increase from 375,000 to 750,000 the total
number of shares of Common Stock available for purchase by participating
employees thereunder.

5. To consider and act upon a proposal to ratify the engagement of
Deloitte & Touche LLP as independent auditors of the Company for the year ending
January 31, 2000.

6. To transact such other business as may properly come before the
meeting or any adjournment thereof.

Only those shareholders of record at the close of business on August
16, 1999 are entitled to receive notice of and to vote at the Annual Meeting or
any adjournment thereof.