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Convergys Corporation Message Board

  • b_zerkley b_zerkley Mar 19, 1999 9:33 AM Flag

    Merrill Lynch report...

    dated 3/19...reaffirms buy and target of $30.
    Blames Cinn Bell overhang, says this has created
    potential stock double. Says 360 contract is ironclad (even
    so it only represents 4% of revenue) with new deals
    coming on stream and no fundemnetal changes at company.

    I was in UVN when Mex TV solid 18M shares in a
    secondary. Stock dropped from 32 to 21 (secondary price).
    Three months later I got out with a 80% nine month
    profit at $44. This strikes me as the same deal once the
    Cinn Bell holders are finished. Bought another 1000
    shares today at open. Good investing longs.

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19.75-0.08(-0.40%)Jan 23 4:07 PMEST

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