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

To: Mark Ambrose who wrote (1069)	3/9/2000 5:06:00 AM
From: Mark Ambrose	Read Replies (1) \| Respond to of 1331

S.S.B. raised their target price -- future 2-for-1 split-adjusted, I hope. biz.yahoo.com ----------------------------------------------------------- Thursday March 9, 2:41 am Eastern Time RESEARCH ALERT-Comverse target raised TEL AVIV, March 9 (Reuters) - Salomon Smith Barney raised its price target for Israel's Comverse Technology to $180 a share from $140 a share and also increased its earnings per share estimates. Analyst Victor Halpert said in a report he was raising his 2000 EPS estimate to $2.64 from $2.55 after the company reported fourth quarter 1999 EPS of $0.60, above expectations of $0.57. For 2001 Salomon raised its EPS estimate to $3.18 from $3.07. Salomon maintained its 2M rating for the share, which already closed above its target, at $221.25 on Wednesday on Nasdaq. The company makes communications software and services systems.