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$12.40 0.02 (0.16%)
5/16/2008 4:00 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 JudsonR (< 20) Submitted: 5/07/08 11:30 PM : Underperform Start Price: $12.94 SNCR Score: 6.23

Trying to post that Goldman and Deutsche are the only firms bullish on Synchronoss. They are the lead underwriters from SNCR's '06 IPO!

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Avatar JudsonR (< 20) Submitted: 5/08/08 1:55 PM

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My first post wasn't posted; it must be lost in the ether. I bought SNCR at $19 p/share in large part b/c of Goldman's initial $38 target. Because of 75% revenue from Apple/AT&T it's begun to look like a $7-8 stock that somehow was trading over $20 p/share [probably in large part due to Goldman/Deutsche].

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