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Technology Stocks : Iona (IONA)

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To: TimeToMakeTheInvs who wrote (305)3/26/1998 4:45:00 AM
From: formula1  Read Replies (1) of 491
 
just read todays Irish Independant,
Iona Technologies, the specialist software company, has been tagged as a buy stock by NCB stockbrokers who say it is still good value.
Although Ionas share price has risen 90% since mid november the stock remains undervalued and is currently trading on a 18% discount to its US peer group.
NCB's Enrique Curran says Iona should announce a stronge increase in revenue when it reports first quarter results on april 20.
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