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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (21014)7/22/2002 11:22:28 AM
From: Connor26  Read Replies (2) | Respond to of 26752
 
11:14 ET Comverse Tech upgraded at Merrill Lynch (CMVT) 8.82 +0.28: -- Update -- Merrill Lynch upgrades to Long-Term STRONG BUY from Buy; although firm expects more revenue pressures in the near term as both voicemail and data markets continue to deteriorate, they see limited downside risk to the stock; under a more optimistic scenario of 15% rev growth in 2004 (due to new Insight product revs), firm believes long-term fair value is $15.