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To: Dale Baker who wrote (11551)11/2/1999 10:22:00 AM
From: Richard TsangRead Replies (2) | Respond to of 118717
 
Dale, from what I have been reading, MGIC is worth a long term hold. Risk/reward ratio is still good, maybe too good to pass. Good entry point is 26-27, target 35 by year end, (a 50% from my entry point of 21), may go to 40 if analyst starts to cover.

VectorVest puts a fair value of MGIC at $35.70 and Relative Value (RV) at 1.35 (from range 0.00 - 2.00). Rated "excellent".
vectorvest.com

Linux is taking off at a higher speed in Asia and MGIC is well positioned to participate there by taking 100% stake in Magic Japan. Check this out:
nikkeibp.asiabiztech.com

I think it is a nice substitute for the high flying B2B, B2C biggies like BVSN. Should be a good companion to your AREM, IMO. OTOH, VectorVest puts a fair value of BVSN at $6.20 (trading at $80). I wouldn't touch that one for now.

Rich