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Technology Stocks : Radware Ltd. (RDWR) -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (25)	10/11/1999 4:08:00 AM
From: 2MAR$	Respond to of 97

This one courtesy of TheLion.com and Tom Calandra at Marketwatch.com We have good reason to like the prospects for recent IPO Radware (RDWR). The company competes in the fiber channel space with F5 Networks (FFIV). For Radware a move over $31 1/2 targets $39 and a breakout over the old high of $49 signals a long term objective of $74. We are long the stock at $28 1/2. In after-hours trade Radware was last quoted at $33 1/4. On a market cap valuation basis equivalent to F5 we believe Radware could fetch $100. Let's compare companies. F5 Networks (FFIV) Recent Price: $ 78 1/16 Float: 7.8 million Outstanding Shares: 18.6 million Market Capitalization: $1.46 billion 1998 Revenues: $16 million Price/Sales: 33 Radware (RDWR) Recent Price: $ 30 15/16 Float: 3.5 million Outstanding Shares: 14.6 million Market Capitalization: $ 451 million 1998 Revenues: $9 million Price/Sales: 19