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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Kevin McKenzie who wrote (36275)	10/2/2001 8:50:57 AM
From: KevinThompson	Read Replies (3) \| Respond to of 37746

07:03 ET Comverse Tech (CMVT) 19.71: Merrill Lynch downgrades to near-term and long-term NEUTRAL; says Q2 2001 decline in voicemail sales is not temporary - sees a more than 20% decline in demand for voicemail in 2001 and at least a 10% decline in demand per year over the next four years; cuts 2002 EPS estimate to $0.85 from $1.22 and says $8.60 cash position will not be sufficient to support current share price.