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Technology Stocks : Formula Systems : FORTY
FORTY 170.010.0%Jan 15 1:29 PM EST

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To: Josef Svejk who wrote (26)3/3/1998 3:07:00 PM
From: ERM   of 141
 
<<A kind of Israeli IT mutual fund - with all the diversification advantages but also complexities of a fund - is the way I seems to me.>>

Well said, although I would amend it slightly: "...complexities of a foreign mutual fund..." which takes into account the Israeli currency risk complexity.

I'm glad a firm like Merrill Lynch is following these guys, although it would be nice to see if any other major house has any research/opinion. Consider that a request to all you lurkers with brokerage accounts at the big (although I guess I'll take small as well) firms. Email me if you want.
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