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Technology Stocks : Help Desk Software Niche (RMDY, INFR, SWRT)
VNTV 77.60+2.6%Jan 12 4:00 PM EST

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To: Ron Kory who wrote (65)6/23/1997 12:12:00 PM
From: Stefan Gruenwald   of 135
 
Dear Ron:

I agree with you on CLFY. They have an excellent management team in place and a lot of new software solutions in the pipeline. Their earnings growth should be around 50% per year for the next 3 years. I think that their share price is currently quite low and it seems to me like an excellent buy right now. My average price on CLFY right now is $11.

Stefan
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