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Technology Stocks : Fundtech Ltd. (FNDTF)
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To: Boaz who wrote (16)10/28/1998 11:52:00 PM
From: Geof Hollingsworth   of 40
 
TSAI provides an interesting comparison to Fundtech. Growing at 30% PER YEAR, trades at 24X CY '99 earnings, and Alex Brown says their #1 competitor in the Corporate market is........

Fundtech!

Let's see, 24X$.90 (Fundtech's CY 99 estimate) must be a lot more than the current $12/share. And a more rapidly growing comopany should command a P/E premium.
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