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Technology Stocks : Comverse Technology -- Ignore unavailable to you. Want to Upgrade?


To: Mark Ambrose who wrote (1063)3/7/2000 9:19:00 PM
From: Mark Ambrose  Read Replies (1) | Respond to of 1331
 
Company happenings: After Tuesday's markets closed, Comverse Technology (CMVT) reported fourth-quarter earnings of 60 cents a share, above the 57 cents that analysts had expected. Revenue at the communications software maker rose 27 percent from a year earlier to $240.6 million.

The company also set a 2-for-1 stock split, effective April 3 for shareholders of record as of March 27. Comverse shares were up by more than 3 percent in after-hours trading Tuesday evening, indicating a rise Wednesday morning.

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