Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: NotNeiderhoffer who wrote (645)	2/24/1999 3:57:00 PM
From: Trader Dave	Read Replies (2) \| Respond to of 1331

With nicholas applegate in there all you need now is pilgirm baxter to make it a fast money party hearty (hardy?) type of story. notsureif18%toplinegrowthwarrantsa30forwardmultiplebutlurkinganyhow

To: NotNeiderhoffer who wrote (645)	2/26/1999 12:42:00 AM
From: Beltropolis Boy	Respond to of 1331

NN. check out the headline: "Jeffrey Vinik Adds Technology Shares in 4th Quarter" comverse was his fourth largest holding. >NotsurewhatthoseAIMfundsarelookingforNeiderhoffer have we finally made the "big time?" i wonder what vinik's looking for? besides his glasses, that is. man, he needs a new pair. god knows he can afford 'em. i mean, if $96-gig bill can get a new non-'80s look and some designer specs, surely jeffrey can too. btw, what is it with the fidelity guys? don't they manage a fashion-sector portfolio? if david bowie ever gets tired of playing andy warhol, peter lynch is a shoo-in. -chris. ----- Jeffrey Vinik Adds Technology Shares in 4th Quarter Boston, Feb. 23 (Bloomberg) -- Jeffrey Vinik, a former manager of Fidelity Investments' flagship Magellan Fund who now runs a hedge fund, added several new technology holdings to his portfolio in the fourth quarter, according to government filings. Boston-based Vinik Asset Management LP bought 2.3 million shares of Compaq Computer Corp., making it the fund's seventh-largest holding. He also bought Electronics for Imaging Inc., Rational Software Corp. and Flextronics International Ltd. Vinik, who has been a big technology investor since his days at Fidelity, also sold or trimmed some computer-related shares. He sold all of his 711,400 shares of Advanced Micro Devices Inc. and unloaded 579,000 shares of Intel Corp., although it is still among the fund's top 10 holdings. ''He's done stock picking in the technology sector in the fourth quarter,'' said Fred Hult, research analyst at Carson Group, a New York-based research firm that tracks holdings of institutional investors. Vinik Asset Management has $3.9 billion in stock holdings, according to Securities and Exchange Commission filings. The filings don't reflect any of the fund's short positions, that is shares that Vinik borrows and immediately sells in the hope of buying them back at a lower price. Vinik also bought some retail shares in the last three months of 1998. He purchased 643,200 shares of consumer electronics and home office retailer Best Buy Co., a new position, and added to his holding of AnnTaylor Stores Corp. His second-largest position is Abercrombie & Fitch Co., although he sold 156,700 shares in the fourth quarter. Vinik is known as an active trader, meaning his portfolio today may not look like it did at the end of December. Mark Hostetter, Vinik's chief operating officer, wasn't available for comment. At the end of December, Vinik's biggest holdings were Maxtor Corp., Abercrombie & Fitch, Tyco International Ltd., Comverse Technology Inc. and Electronics For Imaging Inc.

To: NotNeiderhoffer who wrote (645)	3/2/1999 5:41:00 PM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 1331

did these guy really like the amarex deal or is this standard for the beginning of the month? for the record, whatever piper's smoking has him off my a couple orders of magnitude. dude. ----- Comverse Technology Inc. Reiterated 'Buy' at First Albany Bloomberg News March 2, 1999, 5:06 a.m. PT Princeton, New Jersey, March 2 (Bloomberg Data) -- Comverse Technology Inc. (CMVT US) was reiterated ''buy'' by analyst Herbert L. Tinger at First Albany Corp. The 12-month target price is $84.00 per share. Comverse Tech Inc Reiterated 'Strong Buy' at U.S. Bancorp Piper Bloomberg News March 2, 1999, 5:59 a.m. PT Princeton, New Jersey, March 2 (Bloomberg Data) -- Comverse Technology Inc. (CMVT US) was reiterated ''strong buy'' by analyst Edward R. Jackson at U.S. Bancorp Piper Jaffray. The 12-month target price is $ 1.00 [sic] per share.