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


To: Mark Ambrose who wrote (334)12/9/1997 11:53:00 AM
From: santhosh mohan  Read Replies (1) | Respond to of 1331
 
Any news other than the GunnAllen upgrade, for the nice recovery the past few days and today?



To: Mark Ambrose who wrote (334)12/9/1997 9:48:00 PM
From: Mark Ambrose  Read Replies (1) | Respond to of 1331
 
I got my proxy form and package in yesterday's U.S. (priority) mail.
(It was forwarded to me by the clearing house since my shares
are held in "street name."

Contents:

= 1996 Annual Report to Shareholders ( ~ 74 pages ),
= Notice of Annual Meeting of Shareholders (on Tues. Jan. 13, 1998),
= Proxy ballot and postage-paid business reply envelope.

The ballot has 5 items:

- elect board of 7 directors,
- adopt the agreement and plan of merger of CMVT and BSN,
- ratify the selection of auditors,
- approve 1997 stock incentive compensation plan,
- approve 1997 employee stock purchase plan.

Interestingly, the merger requires a Yes vote from two-thirds
of the outstanding shares of Comverse common stock.

"If you do not vote, or you abstain, it will have the effect of
a vote against the merger."

Only a majority of the common stock shares of Boston Technology, Inc.
voting Yes is needed to approve the merger.

"This Joint Proxy Statement/Prospectus is dated Dec. 1, 1997 and
is first being mailed to shareholders on or about Dec. 1, 1997."

(more to follow ... )