SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Comverse Technology -- Ignore unavailable to you. Want to Upgrade?


To: NotNeiderhoffer who wrote (867)9/23/1999 1:21:00 PM
From: Trader Dave  Respond to of 1331
 
While I was screaming with panic at BD earlier this am about PMCS (Is there really a FIRE at Taiwan semi?), he mentioned to me that there's some form of a wireless conference going on down in humidityville (aka new orleans)

I was expecting this kind of a jump in cmvt when calling party pays gets enables stateside, but i'd heard the legacy wireline providers will fight that tooth and nail til their upcoming deaths.

iknowit'satoptenliebutioweNNaprivatemessageTD



To: NotNeiderhoffer who wrote (867)9/23/1999 1:39:00 PM
From: Mark Ambrose  Read Replies (1) | Respond to of 1331
 
Oscar Gruss Initiates Coverage on Comverse Technology with a Buy Rating

biz.yahoo.com

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

Thursday September 23, 12:52 pm Eastern Time
Company Press Release
SOURCE: Oscar Gruss & Son Incorporated
Oscar Gruss Initiates Coverage on Comverse Technology with a Buy Rating
NEW YORK, Sept. 23 /PRNewswire/ -- The following is being issued by Oscar Gruss & Son Incorporated, a member of the National Association of Securities Dealers, CRD number 2091:

Oscar Gruss & Son Incorporated initiates coverage on Comverse Technology (Nasdaq: CMVT - news; $87-21/32) with a BUY rating and a 12 month price target of $111.

In a new report, Gilad Alper, equity analyst at Oscar Gruss, provides an analysis of Comverse Technology (CMVT), the leading player in the Enhanced Services Platform market, with a 35% market share.

Oscar Gruss believes that CMVT is well positioned to capitalize on continuing deregulation and the increasing sophistication of value-added services.

In addition, introduction of broadband technologies by the telephony carriers and the Multiple Systems Operators (MSOs = cable operators) creates an opportunity for CMVT to expand its service offerings.

Clients of Oscar Gruss wishing to get a copy of this report should contact their broker.

Investment Ratings: STRONG BUY: expected total annual return of greater than 25% over the next 12-18 months; BUY: expected total annual return in the range of 15-25% over the next 12-18 months; SPECULATIVE BUY: stock for investors who can afford higher risks; expected total annual return of greater than 25% if anticipated contingencies materialize over the next 12-18 months with the potential for high return volatility, lower or negative total annual returns in this time period may be possible; LONG TERM ACCUMULATE: expected total annual return in the range of 10-20% if anticipated contingencies materialize over the next 12-18 months or longer; HOLD: stock is fairly valued and may provide returns which approximate returns expected from its peer group in the equity markets over the next 12-18 months, or perhaps less. Other factors considered in the Investment Ratings may include, but are not limited to, the company's risk profile, including earnings predictability, financial position, industry position, technology and product risks, management strengths, and other factors. The required annual return for a specific Investment Rating will be increased for stocks with greater financial, business, and/or earnings risk.

This report is based upon information which Oscar Gruss & Son Incorporated (Oscar Gruss) believes to be reliable. However, neither Oscar Gruss nor any individual acting on the behalf of Oscar Gruss can guarantee the accuracy or completeness of its contents. It does not purport to contain a complete analysis of every material fact concerning any company, industry or security. Oscar Gruss assumes that it will be read in conjunction with other available reports and data. Opinions expressed herein are subject to change without notice. No investor can assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Oscar Gruss makes a market in this security, and may have a long or short position in this security. Oscar Gruss and/or our employees and affiliates may have positions in securities which are referred to herein and may make purchases or sales thereof while this report is in circulation. Oscar Gruss or one of its affiliates may from time to time perform investment banking or other services for, or solicit investment banking or other business from a company mentioned in this report. Further information is available upon request. Foreign-currency-denominated securities are subject to fluctuations in currency exchange rates that could have a positive or adverse effect on an investor's return upon the conversion into local currency of dividends or interest received, or proceeds from the sale of such securities. In addition, the value of U.S. dollar-denominated ADRs and the value of U.S. dollar-denominated ordinary shares, or common shares, of foreign issuers can be influenced by fluctuations in currency exchange rates.

SOURCE: Oscar Gruss & Son Incorporated



To: NotNeiderhoffer who wrote (867)9/23/1999 1:46:00 PM
From: Beltropolis Boy  Read Replies (3) | Respond to of 1331
 
>All I know is I am hitting the town tonite and will be going exclusively top shelf. Kampai comin atcha!

NN.

i know you fancy the tanq & tonic, but are you a voddy man too? my current poison of choice is a Chopin Martini. straight up with three olives. stems from the half-pollack in me cuz this stuff is made the old fashion czarist way: bare-footed proletariats mashing spuds from the eastern steppes. no wheat, grain or rye in here, my friend.

i promise to buy you one if you ever venture south of the mason-dixon.

on-topic: anybody got da 411 on OG's street cred? this would've come out after yesterday's close (EST):

Comverse Tech Rated New 'Buy' at Oscar Gruss
Bloomberg News
September 22, 1999, 1:42 p.m. PT
Princeton, New Jersey, Sept. 22 (Bloomberg Data) -- Comverse Technology Inc. (CMVT US) was rated "buy" in new coverage by analyst Gilad Alper at Oscar Gruss & Sons. The price target is $111.00 per share.