SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Porter A. Alexander Jr.

(Last) (First) (Middle)
C/O PORTER ORLIN LLC
666 FIFTH AVENUE, SUITE 3403

(Street)
NEW YORK NY 10103

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/22/2007
3. Issuer Name and Ticker or Trading Symbol
COMVERSE TECHNOLOGY INC/NY/ [ CMVT.PK ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
06/01/2007
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,329,643 I(1) See Remarks(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Deferred Stock Award (units) (2) (3) Common Stock 6,945 $0(4) D
Explanation of Responses:
1. The shares of Comverse common stock are held directly by Amici Associates, L.P., Amici Qualified Associates, L.P., Amici Fund International, Ltd., The Collectors' Fund, L.P., Lightpath Capital, L.P. and a managed account (collectively, the "Private Investment Accounts") advised by Porter Orlin LLC. Porter Orlin LLC, a Delaware limited liability company, is the investment adviser of the Private Investment Accounts. The reporting person is a managing member of Porter Orlin LLC. The reporting person's interest in the securities held by the Private Investment Accounts is limited to the extent of his pecuniary interest in the Private Investment Accounts, if any.
2. Units representing the Deferred Stock Award shall vest on January 1, 2008, and shares in settlement of the Deferred Stock Award shall be delivered on such date.
3. Not applicable.
4. Each unit of the Deferred Stock Award represents a contingent right to receive one share of Comverse common stock.
Remarks:
This amendment is being filed to reflect the correct number of shares of Comverse common stock beneficially owned by the reporting person. On 06/01/2007 Form 3 was filed incorrectly indicating 3,279,643 shares of Comverse common stock beneficially owned by the reporting person.
/s/ A. Alexander Porter Jr. 12/27/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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