Fundtech Ltd. (FNDTF) Message Board

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Technology Stocks : Fundtech Ltd. (FNDTF)

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To: Geof Hollingsworth who wrote (15)	6/27/1998 2:32:00 AM
From: Boaz	Read Replies (3) of 40

Geof, This story keeps on getting better... I read a few days ago that Clal raised their stake in FNDTF to around 18%. This is one of the main holding companies in Israel. They own stakes in ECILF, GILTF, ORCTF and several other companies. These guys are in for the long run (and have a pretty good track record). I think that the recent price drop was related to insider selling towards the second offering (that was cancelled). I consider this second offering as the main risk in this investment right now. Waiting for the earnings...

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