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Technology Stocks : Infinity Financial Technology

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To: Stuart Scolnik who wrote (4)	11/23/1996 12:33:00 AM
From: Blake Cmajdalka	of 11

CATS clients Their clients include 11 of the 20 world's largest banks which range from 505 billion to 300 billion in assets. Some of their client's are Mitsubishi Bank (483 billion), Credit Lyonnais (357 billion), Tokai Bank (296 billion), Canadian Imperial (125 billion), Credit Suisse (212 billion), Federal Home Loan Bank of Dallas (50 billion), and Merrill Lynch. Most of these names are foreign banks because they make up the largest 30 banks in the world. The largest US Bank is Citicorp with 254 billion in assets. I do not know what system Citicorp uses though. The revenue gains with Infinity for the last year makes CATS look pretty bad. I guess the future for both depends a lot on who's risk management software is better; Riskview or CARMA. We should have a good idea by the March quarter of 1997. We can see who has the most clients using theirs. C*ATS says theirs is the best but what else can they say. We will let the revenue numbers prove who the winner is. Be careful with the INFN IPO. IPO's as general tend to go down after the Fireworks go away unless they are extremely HOT Ipo's. Good luck and I hope we both make good money.

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