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


To: Mark Ambrose who wrote (540)8/26/1998 2:11:00 PM
From: Mark Ambrose  Read Replies (1) | Respond to of 1331
 
CBS MarketWatch: Positive Surprises, Comverse Tech beats the estimate
Here's the link; once there, scroll down to Comverse paragraph.

cbs.marketwatch.com

----------------------------------------------------------------------

Positive Surprises
Comverse Tech beats the estimate

Shares of Comverse Technology Inc. (CMVT) got
a boost of 3.1 percent on the company's positive
earnings surprise. The company recorded a
second-quarter net income of $26 million or 55
cents a share compared to $17 million or 37 cents a
share. The computer and telecommunications
systems manufacturer was expected to show a
profit of 52 cents a share. Shares rose 1 1/2 to 45
7/8. See press release and Tech Report.