(Reuters) - TEL AVIV, April 5 - Israeli telecom equipment maker ECI Telecom Ltd. said on Thursday it expects to post a capital gain of $35 million to $48 million from the initial public offering of Veraz Networks .
The final amounts will be determined based on the possible exercise of the over-allotment option by the underwriters, as well as finalisation of certain tax estimates. The gains will be recorded in the first, second and third quarters of 2007.
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