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


To: c_k1 who wrote (1109)4/19/2000 9:02:00 AM
From: caprich  Respond to of 1331
 
Comverse Conquers China
By Keren Tsuriel

Comverse's logo is white on blue, but today the company was decorated all in red to welcome Chinese President Jiang Zemin. Comverse CEO Kobi Alexander flew in especially from the US to walk side by side with Zemin on the red carpet, and take him on a tour of the company. Company staff who attended the brief ceremony at the entrance, watched the Chinese President from the top floors, and clapped their hands when he made it to the door. Zemin did not pass up the opportunity, and waved back.

The visit was very important to Alexander, because Comverse wants to expand its operations in China. At the beginning of his speech, Alexander emphasized that the visit was a great honor to Comverse, which was selected to host the Chinese President. Alexander stressed that Comverse would like to be part of the technological revolution in China, and work in mutual cooperation with the Chinese.

Members of the large delegation accompanying Zemin on his visit to Israel did not conceal their delight with Comverse's presentation. The delegation is made up of 100 Chinese journalists and 50 administrative staff and members of the presidential party. The journalists were enthusiastic over the technology enabling e-mail transmission over cellular telephones. One journalist said that everybody, including the President, was enjoying the visit very much.



Published by Israel's Business Arena on 18 April, 2000

Source: Israel's Business Arena - Globes (http://home.globes.co.il/cgi-bin/Serve_Arena/pages/English/1.3.1.1/)



To: c_k1 who wrote (1109)4/20/2000 11:44:00 PM
From: Mark Ambrose  Read Replies (2) | Respond to of 1331
 
Comverse mentioned in article in L.A. Times, Business section, pages C-1 and C-7,
on Tuesday, April 18, 2000. (better late, than never)

Wall St. Rebounds, but Will It Last?
Big Tech and 'Value' Issues Lure Buyers; Most Shares Fall

by Kathy M. Kristof & Josh Friedman (Times staff writers)

<snip>

Investec's Wireless World fund bought some shares in
Comverse Technology, a New York-based computer and
Telecommunications equipment firm that gained $2.44 to
$76.38, and shares in semiconductor maker MIPS Technologies,
which rose 56 cents to $27.94.

<snip>