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$8.51 -0.07 (-0.82%)
7/3/2008 1:00 PM

Synchronoss Technologies, Inc. (SNCR)

CAPS Rating:
****

The Company is a provider of on-demand multi-channel transaction management solutions to the communications services marketplace based on its penetration into key providers of communications services.

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Avatar SaintCroix (79.85) Submitted: 10/29/07 1:59 PM : Outperform Start Price: $41.59 SNCR Score: -63.48

Short term of course this is a great way to play the iPhone, but what's exciting about this stock for me is the possibility that it might be sitting on the sweet spot of convergence. Every time somebody votes on American Idol, a few pennies make their way to Synchronoss. Contemplate that and then contemplate people making purchases on their iPhone, but not typing in credit card info with all its hassle. Instead they charge the purchase to their cell phone, and are billed by AT&T (using Synchronoss' software to automate the process). Our cell phone becomes our wallet.

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