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Technology Stocks : Jacada Ltd (JCDA)

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To: Dale Knipschield who wrote (228)	12/3/1999 12:28:00 PM
From: Steven Messina,L.M.T.	Read Replies (3) of 401

One more... I think the weakness for JCDA is short term - it is an internet infrastructure play: making software to enable net application to access legacy systems such as IBM S390 and AS400. It is not as "sexy" or "obvious" as ebay or amzn. It is also not understood by most. How many people know that S390 is the IBM's flagship mainframe and AS400 is the mid-range machine. How many legacy systems are out there? Tons. They won't be thrown away and never will. New development will probably not be done on legacy systems buy enhancement will because of all the valuable data. How much data are stored in those systems over the past 20 years??? Now JCDA comes into play because its products enable new net applicatiosn to access legacy system. The recent announcement of the Federal govt's contract is a good testamony for their technology. Most of the large and medium organizations have S390 and AS400 so they are potential customers. That's also why JCDA has a close relationship with IBM. It's a matter of patience. I expect with the January efect and the 401K money, will test new high after the new year.

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