SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Comverse Technology -- Ignore unavailable to you. Want to Upgrade?


To: KLH who wrote (466)6/9/1998 10:07:00 AM
From: Beltropolis Boy  Respond to of 1331
 
we're a "world leader" now. how 'bout that?

Comverse Network Systems To Demonstrate Internet-Based Personal Provisioning For Network-Based Service Applications At SUPERCOMM '98
June 9, 1998 08:04 AM

ATLANTA--(BUSINESS WIRE)--June 9, 1998-- Will Augment CNS' Network-Based Platforms For Unified Messaging, Mobile Visual Mailbox, Pre-Paid Services, Short Text Messaging, One-Touch Call Return & Other Personal Communications Services

Comverse Network Systems, a wholly-owned subsidiary of Comverse Technology Inc. (CMVT), and the world's leading supplier of enhanced services platforms to wireless and wireline network operators, today announced it will demonstrate Internet-based personal provisioning for network-based service applications at the SUPERCOMM '98 exhibition in Atlanta, booth number 6445.

Internet-based personal provisioning gives subscribers visual access via the Internet to a password protected screen for modifying network-based enhanced services. For example, subscribers can visually choose how they are notified of messages waiting using wireline and wireless network options, set fax forwarding information, visually change greeting information (personal, busy or temporary) and configure how calls and messages are routed to them.

"By using Internet-based personal provisioning, subscribers have a whole new way of provisioning their services in the public network," said Kevin Wiant, assistant vice president, Strategic Marketing of Comverse Network Systems. "Instead of having to talk to a systems administrator or fumbling with menus or short codes, subscribers can simply access the network operator's web page, select which of the services the subscriber wishes to modify and then get a clear screen-based presentation of the options and how to change them. This interface is much more intuitive for many subscribers. We will also be working with our customers to customize the services web page to match their overall marketing look. Therefore, network operators not only gain a more satisfied subscriber and reduced operating costs, but also the opportunity to reinforce their service brands."



To: KLH who wrote (466)6/9/1998 8:40:00 PM
From: Brett Trueman  Read Replies (2) | Respond to of 1331
 
You may be right about the possibilities of an acquisition, but every firm has its price. By the way, CMVT had a 1-for-10 reverse split several years ago. Adjusted for the split, I don't think it ever traded for less than a dollar.

Brett



To: KLH who wrote (466)6/10/1998 12:50:00 AM
From: Eric Hochstein  Read Replies (1) | Respond to of 1331
 
Karl,

I too have been in this one for a long time...almost nine years...and doubt that its a strong takeover candidate because of the convoluted ownership relationships, the government research funding through Israel (and indirectly the US), and the relationshp of some of its product line to military research. I strongly doubt that this is one which Nortel will be giving its close eye to.

BTW, I know that this stock traded at much less than $1.00. I recall buying 500 shares in my relative youth and wondering whether I could really afford the almost $300 to spend on an unknown company that I saw at a messaging trade show in NYC in 1989 demonstrating the world's first faxback application! In fact, Quicken tells me that the price at that time was almost $0.50 (or a basis of $5 after the damn reverse split. This was the first reverse split I went through. For a moment, after looking at the WSJ the day after the split, I thought I had hit the jackpot!)

Its been a while, but growth from $5/share to $52+ is nothing to laugh at.

Eric