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NICE Systems Ltd. Message Board

  • donzoab donzoab Aug 8, 2011 9:24 AM Flag

    As predicted, a big market selloff has taken NICE

    back down below 30 and today below 29 (most likely).

    NICE is a great company but even here has a very high multiple. Trading for a premium in a negative market is high risk. If the stock can approach 25 I would start buying aggressively. This will go on for another 7- years in the markets and unless taken over, NICE will continue to trade sideways.

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    • no sun up in the sky... looks like stormy weather... i'll hold on to core position... and look to add in the 20's, as well... concur that short of acquisition or rebound in the market, nice may be range-bound... don't know 'bout 7 years though! can't predict what's going to happen tomorrow much less years in advance... i think they're in the right field at the right time and only time will tell if the company grows accordingly... gl

67.72+0.80(+1.20%)Sep 23 4:00 PMEDT