Jacada Ltd (JCDA) Message Board

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Technology Stocks : Jacada Ltd (JCDA)

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To: Bill Barry who wrote (330)	5/2/2000 2:12:00 PM
From: Amots	Read Replies (2) of 401

Bill. From the Lehman report: Highlights: Jacada reports 1Q00 results on Wednesday, May 3rd, before the market open. We expect a very positive tone with respect to both the quarter and guidance for the remainder of FY00. . For the quarter, we expect strong upside to our $4.2M revenue and ($0.03) EPS estimates. We believe the highlight in the quarter will be license revenue growth. We are currently modeled for 50% year-over-year growth. Due to the number of new customer wins in the quarter, we believe growth will be significantly higher than our forecast. Other highlights in the quarter include the release of Jacada for Palm which will enable users of wireless devices to easily access legacy applications residing on mainframes and AS/400. Released at the end of March, the product is already generating significant customer interest with potential revenue generating opportunities for the back-half of 2000 and 2001. *We reiterate our 1-Buy in front of the earnings call, particularly given the attractive valuation. The stock is trading at bargain level 9.3x and 6.0x FY00 and FY01 revenue estimates of $23.2M and $35.8M, respectively. We also note that Jacada is operating near profitability, with breakeven expected by year-end.

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