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Technology Stocks : Jacada Ltd (JCDA)
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To: Bill Barry who wrote (346)6/21/2000 1:37:00 AM
From: BRA  Read Replies (1) of 401
 
Israel U.S. Equity Preview: Magic Software, Commtouch, Jacada
By Joshua Mitnick

Tel Aviv, June 20 (Bloomberg) -- Shares of the following Israeli companies are likely to make significant gains or losses in U.S. markets today.

Stocks in Tel Aviv rose, led by Nice Systems Ltd. The TA-25 Index of the Tel Aviv Stock Exchange's largest companies advanced 0.4 percent in late trading.

Stock tickers are in parentheses after the company name. Stock movements in the U.S. are for Monday.

Magic Software Enterprises (MGIC US): The maker of customer management software was reiterated ``buy'' at Salomon Smith Barney. Magic suffered its largest one-day decline ever yesterday, dropping 25 percent after saying second-quarter profit will fall below analyst estimates because of slower-than-expected sales. Magic shares fell 3 3/4 to 11 1/8.

Commtouch Software ltd. (CTCH US): The provider of electronic- mail services said it would add video and audio features to its services through an agreement with Talkway Communications. Commtouch added 3/8 to 33 5/8.

Jacada Ltd. (JCDA): The company said its software is being used by the U.K. government's Land Registry to make its database of real estate ownership available online. Jacada shares lost 11/16 to 11 11/16.

Brett
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