Comverse Technology Inc. (CMVT.PK)

Comverse Technology Inc bases its business in New York. It is currently trading under the stock symbol CMVT.PK on the Pink Sheets. Due to their very nature, Pink Sheet stocks are risky.

They are a mid sized company with 185 employees. The number of employees makes the company more able to achieve their goals if they are adequately financed to retain these people. If you are thinking about investing in this company, you should really evaluate how the size of their staff and their qualifications can effect the performance of the company.

The share price of the company reached $7.25 on Nov 7, 2008. Presently the share price is 62.63 % lower than its 52 week high of $19.40. There are certain risks associated with the volatility of stocks in the under $10.00 price range. Take note that there is extra volatility associated with these types of investments. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. This stock is traded very heavily, demonstrating significant investor interest.

The company has issued some recent news. On Nov 11, 2008, Comverse Technology Inc released the following news: " Comverse Spearheads Drive for New OMA Industry Standard for Off-Deck Ringback Tone Market " Although this news is out there, it is too early to determine the ultimate effect that it will have on the company's share price.