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6 pts

Opinion on  Sonus Networks Inc. (SONS)     Sector: Technology  >  Industry: Communications Equipment
Strong competitive position, sales and gross margin acceleration

May 15, 2008 11:35 PM GMT
Return Risk
-55.33% HIGH
Analyst

Fundamental Analysis   Favorable/Unfavorable Valuation  

SONS is building the next generation of communication network. After a much hyped IPO in the early part of this decade, reality hit with a big hammer as telcom spending tanked. Next came a disastrous options investigation. Everything is settled now. The company has over 400 million in cash, is relatively cheap, and should grow EPS at north of 25% a year for several more years. High profile wins at BT and continued traction at long term customers AT&T, NTT, and many others bodes well for long term holders.


SONS:  This call was made on 05/15/08 @ $4.5
Rating:   Positive   $4.5 (05/15/08)
Gain/Loss:   -55.33% in 555 days
Target:   $8.00 (+77.78%) in > one year


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