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Technology Stocks : Jacada Ltd (JCDA) -- Ignore unavailable to you. Want to Upgrade?


To: Dale Knipschield who wrote (204)11/29/1999 5:19:00 PM
From: Bill Barry  Respond to of 401
 
I remain very positive on JCDA's prospects over the coming months. This morning's news about the Dept of Interior's use of Jacada's services to frontend their old systems to better service some 25000 employees was good news to hear. My opinion is that this is representative of what will be many many more such deals that Jacada secures. I'm the Director of MIS for a large college. I've got about 20 years of software development experience. I think that the earlier bullish JCDA posts to this list during the past month were right on. I'm recalling especially one that I think Steve Messina shared which was a long quote from another Computing Professional who called Jacada's business model brilliant -- using Java-based systems to front end the thousands of old mainframe or minicomputer legacy systems. Today's news from this Fed group about their use of Jacada's services and products is the type of contract(though not always as large as the Dept of Interior's 25000 emps) that we should expect to see repeated often, both with add'l governmental agencies and in the corporate sector. The market demand for what Jacada has to offer is very high. All other news we've seen on JCDA this past month or so has been very positive.

I was fortunate enough to buy in at 16, and sell out the next day at 36. However, normally I prefer to not be a trader. I got back in at 24 and plan to hold this one for a while, several months or perhaps more than a year.

Best wishes for informed investing to all
Bill Barry