Jacada Ltd (JCDA) Message Board

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Technology Stocks : Jacada Ltd (JCDA)

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To: 2MAR$ who wrote (373)	9/12/2000 10:56:10 AM
From: BRA	of 401

Jacada started as buy TEL AVIV, Sept 12 (Reuters) - Bank Hapoalim initiated coverage of Israeli Internet infrastructure software firm Jacada Ltd with a buy rating and a 12-month price target of $16.20. In a research report dated September 5 but released on Tuesday, analyst Racheli Gershon noted Jacada has posted growth rates of more than 50 percent in each of the past five years as the company has attracted a number of key clients. Gershon estimated revenues would jump 57 percent to $23 million in 2000 with earnings per share (EPS) of $0.01. In 2001, revenues are expected to rise another 56.5 percent to $36 million, while recording EPS of $0.13, she wrote. Jacada's Nasdaq traded shares slipped nearly $0.50 to just below $9.50 on Monday

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