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Technology Stocks : Systemsoft Inc. (SYSF)

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To: David R. Lehenky who wrote (2873)1/5/1998 2:03:00 PM
From: J L Segal   of 3529
 
Possibly the SYKE's acquisition is helping SYSF:

Sykes buys Scotland firm for stock

TAMPA, Fla., Jan 5 (Reuters) - Sykes Enterprises Inc said Monday that it has acquired McQueen
International Ltd for about 3.54 million shares of Sykes common stock.

Sykes common traded at 20-1/2, up 1-1/4.

The transaction, which is estimated to be accretive to earnings per share in 1998, will result in the
recording of one-time merger and related charges in the fourth quarter of the 1997 year, it said

McQueen is headquartered in Galashiels, Scotland, and provides call center support and software
services to the information technology and communications industries.
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