JCDA was mentioned at the most popular financial newspaper in israel. Maybe this caused the jump yesterday.
Here is the relevant parts from the article written By Shlomo Greenberg:
"...Note that Jacada (JCDA) is continuing its downward path. The share has actually been sinking since February, and its graph bodes ill. We went and checked it out - as far as its business is concerned, Jacada, which assists companies to use their software to go online for various purposes, has seen positive developments. The company has been increasing sales and profits for a long time. Sales rose 69% to $5.7 million in the second quarter, and the company posted a $40,000 profit. This is the company's fifth straight quarterly improvement.
The company has large, prestigious customers, ranging from the US Federal Reserve Bank, to Delta Airlines, to Her Majesty's Land Registry. Two weeks ago, the company signed a strategic partnership contract with Relativity Technologies for joint transfer of companies into the e-commerce field. Relativity, a private company founded three years ago, has developed software facilitating the comparatively painless and efficient transition of companies to e-commerce. In short, in these e-commerce boom days, Jacada is going consistently down. We recommend that you check out this company, which will also be noticed eventually, and which also has few shares that can stop a wild upward surge, in case it is "discovered", but check it out."
Published by Israel's Business Arena on August 31, 2000
Here is the link:
globes.co.il |
