 |
The-Adviser.com The Place to Come for Answers™ | ||
| Unisys
and Deustche Telkom - Talking? Independent Buy-Side Research By The-Adviser.com - |
|||
SERVICES WHY US |
Analyst
is MD Porcelain - New
York 3/27/00
- Deutsche
Telekom AG ("DT") is seeking to buy the U.S. information
services company known as Unisys Corp. (NYSE:UIS
- news). The offer is
reportedly going to be formally presented on Monday.
The logic of a takeover of Unisys is immediately apparent. The acquisition of Unisys would fit Telekom's strategy of expanding on four fronts -- wireless and fixed line telecommunications, Internet services and information systems. Unisys not only focuses on telecommunications but on other industry markets. Unisys handles the systems integration for complex systems that allow telephone companies to offer new services to millions of customers such as voice mail, Internet telephony and new customer billing systems. Unisys also provides services to the financial services, public sector, transportation, commercial and publishing sectors. The company, which employs 36,000 in 100 countries, is ripe for a takeover. The stock is undervalued, trading at a PE of 16 and is at 1/2 the level it was after slower consulting revenue was experienced. Unisys has reduced its debt load from a high of as $2.3 billion to below $1 billion, Daly said. We are watching this merger with great interest and will report additional information as we learn of it. About Us ___________________________________________ Note: The Company does not earn fees for investment recommendations or referrals. Our research reports are prepared for general circulation and are circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance. The Independent Adviser Corporation, its affiliates, directors, officers, employees and employee benefit programs may have a long or short position in any securities of an issuer or in related investments. Please read our full disclosures by clicking here. |
Unisys is led by a former Big 5 chairmen Ernst & Young envy? Open a professionally managed account:
Click here for our Top Ten Investment Picks Financial Advisory Services
|
|
Why should you invest alone?™ |
|||
The
Independent Adviser Corporation is a Registered Investment Adviser that
specializes in helping individuals, families and businesses develop
investment and financial planning strategies. DO YOU HAVE A QUESTION ABOUT INVESTING? |
|||
| Click Here to Visit our Sponsor |
|||
