Wednesday, March 28, 2007

Amdocs (DOX) Higher On Takeover Rumors

Amdocs Ltd. (NYSE: DOX) is higher on rumors SAP AG (NYSE: SAP) could acquire the company. The rumors stem from comments by FTN Midwest analyst Doug Ashton that were mentioned at Barron's Tech Trader blog. Link

Shares of Amdocs are 2.5% higher in early action.

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