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Technology Stocks : Jack Henry & Associates (JKHY)
JKHY 152.46+1.2%3:59 PM EST

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To: Tulvio Durand who wrote (10)9/27/1998 1:11:00 PM
From: DaveHunt   of 45
 
Hello,

I've owned JKHY for 2 1\2 years now and it's been a
great stock !. Their management does a great job
in keeping focus on their "Core" competencies as well
as the ability to expand via small acquisitions that
don't put earnings at risk. They are closely aligned
with IBM using AS\400's to deliver their Silverlake
solutions to Bank customers. My broker was concerned
that their future would be "obstructed" by their "reliance"
on their partnership with IBM, but customers like their
software as well as their outstanding customer service.
(Needless to say my broker recommended that I sell JHHY
about a year and a half ago, but I liked their fundamentals
and management so I didn't !). I think that this stock is
a good long term holding and I won't sell for a while.

Dave
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