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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Stress who wrote (70703)	11/10/1999 1:44:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Jacada (JCDA) 11 Galgalei Haplada St. Herzliya, 46766, Israel Employees: 124 011-972-9-952-5900 Investor Contact: US: 770-352-1300 Jacada Ltd. is a software company that provides products designed for e-businesses. The company's product family enables companies to deploy business-to-business solutions by leveraging their investments in existing applications, such as back-office and business critical systems. Jacada products deliver e-business infrastructure and web application hosting enablement; Java, HTML or Visual Basic interfaces; and integrate existing applications with e-commerce and application development environments, such as Lotus Notes/Domino and IBM's WebSphere. The company's solutions serve diverse industries, such as health care, aerospace and automotive, and have been used by clients such as Boeing, Manpower & Bank of America. Jacada has offices located in the US, the UK and Israel. 11/10/99 - RESEARCH ALERT - Lehman starts Jacada -------------------------------------------------------------------------------- NEW YORK, Nov 10 (Reuters) - Lehman Brothers started coverage on Wednesday of Jacada Ltd with a buy recommendation and a $40 price target, assuming price/sales multiple of 30 times fiscal 2000. -- "Demand for Jacada's products and services remain strong," wrote Michael Stanek. "We believe the company continues to build backlog and add customers at a rapid rate. Additional sales and market resources should enable the company to capture additional share." -- Estimates fiscal 2000 loss of 8 cents a share and fiscal 2001 earnings of 1 cent a share. -- Shares were trading at 30-1/8, up 1/4 in early New York Stock Exchange trading. ((((((((((((((((((((((((((((((())))))))))))))))))))))))))))))) 11/09/99 - RESEARCH ALERT - SG Cowen starts Jacada at buy -------------------------------------------------------------------------------- NEW YORK, Nov 9 (Reuters) - SG Cowen Securities analyst Rehan Syed said Tuesday he had initiated coverage of Israeli software firm Jacada Ltd. (JCDA.O) with a buy rating. -- Shares of Jacada were off 13/16 at 30-7/8 on the Nasdaq stock market. -- Syed said Jacada has a strong position in a new and fast-growing market category and is well differentiated with high productivity and robust products. -- said that although company is based in Israel, its primary revenue base is in the U.S. market. -- said company is off to a solid start with more than $9 million in revenue for 1998, and revenues are expected to grow by about 50 percent in 1999 and 2000. -- Since the market is still new and the company needs to aggressively capture market share, it has recently stepped up its infrastructure build-out by hiring more aggressively and is expected to break-even by the end of 2000, Syed said. -- said company's stock has performed very strongly, up about 200 percent from its the mid-October initial public offering price of $11 per share.