Humbly report, Mike, figured I'd pull a few things together:
________________________________________
RESEARCH ALERT-Formula (TEL:FORM) EPS outlook raised
Reuters, Wednesday, September 03, 1997 at 07:30
JERUSALEM, Sept 3 (Reuter) - Carnegie Emerging Markets said
in a report released on Wednesday that it was raising its 1997
and 1998 earnings per share (EPS) estimates for Israel's Formula
Systems Ltd, a software company.
Analyst Stephen Levey said he was raising 1997 prospective
EPS to 8.5 shekels per share from an earlier 7.4 shekels and
1998 EPS to 8.9 shekels from 7.7 shekels.
Levey said he was increasing his estimates for full-year
1997 capital gains for Formula to 52 million shekels from 40
million. He said gains in 1998 would likely exceed his current
25 million shekel estimate.
Carnegie said 1998 EPS would be helped by
higher-than-expected sales from Formula's Wiztec Solutions Ltd
(NASDAQ:WIZTF) unit and rapid earnings growth at Crystal Systems
Solutions Ltd (NASDAQ:CRYSF) and other units.
"On a perspective price-to-earnings ratio of 9.2 times
versus a Mishtanim (index) ratio ... of 15.4 times, we continue
to recommend the shares as a strong buy, and set a new medium
term target of 100 shekels," Levey said.
($1 = 3.52 shekels)
- Jerusalem newsroom, 972-2-537-0502
From: #reply-2103435
Latest numbers:
________________________________________
Wiztec Solutions Reports Record Results for 1997; Fourth Quarter
Record Net Income, Increase by Over 300 Percent.
From: #reply-3411023
________________________________________
Crystal Systems Solutions Reports Record Fourth Quarter Results; Record Revenues of $7.724 million; Record EPS of $0.15 per share.
From: biz.yahoo.com
________________________________________
ForSoft Reports Record Fourth Quarter Results, Record Revenues of $9.4 Million, Increase of 84%, Record EPS of $0.14
From: biz.yahoo.com
________________________________________
Formula Systems Ltd. Announces the Offering of 2,800,000 Ordinary Shares Of its Subsidiary, ForSoft Ltd., Priced at $9.00
From: biz.yahoo.com
________________________________________
News:
FORTY: biz.yahoo.com
CRYSF: biz.yahoo.com
FORSF: biz.yahoo.com
WIZTF: biz.yahoo.com
Svejk
(GL-15 applies: digiserve.com ;-) |
