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


To: Trader Dave who wrote (646)2/26/1999 12:45:00 AM
From: Beltropolis Boy  Respond to of 1331
 
Comverse Technology Reiterated 'Strong Buy' at Piper Jaffray

Princeton, New Jersey, Feb. 23 (Bloomberg Data) -- Comverse Technology Inc. (CMVT US) was reiterated ''strong buy'' by analyst Edward R. Jackson at Piper Jaffray Inc. The 12-month target price is $100.00 per share.



To: Trader Dave who wrote (646)2/27/1999 12:54:00 PM
From: Beltropolis Boy  Respond to of 1331
 
S&P rates Comverse Technology debentures
03:44 PM ET 02/26/99

* Standard & Poor's assigned its double-'B'-minus corporate credit rating to COMVERSE TECHNOLOGY and its single-'B' subordinated debt rating to the company's $300 mln 4.5% convertible subordinated debentures due 2005. The outlook is positive. The ratings reflect the company's leading position supplying software-based voicemail systems to the telecommunications industry, a high degree of recurring revenues, and good profitability. These factors are offset by the challenges of rapid growth and the presence of significantly larger competitors serving its targeted customer base. Comverse Network Systems, 90% of total revenues, provides software-driven voicemail systems to cellular and other communications network operators.

For the full text story, see infobeat.com