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Technology Stocks : MAGIC SOFTWARE-MGIC

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To: Richard Tsang who wrote (102)10/26/1999 1:17:00 PM
From: DAVID BANISTER   of 219
 
not sure, they dont have any official analyst coverage. Kathy told me that Oberweiss informally follows MGIC, but not formally. Theyve done 17,22,29 last 3 quarters... not sure if they can keep up the momentum. Nonethehless, expect a solid report tomorrow night. The real problem is lack of coverage, nobody knows about the company... in a way thats good. When they wake up, its a $35 stock by year end, and Im looking at $50 by April 2000.
Cheers
Dave
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