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Technology Stocks : MAGIC SOFTWARE-MGIC -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (114)	12/4/1999 10:34:00 AM
From: DAVID BANISTER	Read Replies (2) \| Respond to of 219

I took a bit of profit at 65 1/8 on friday, in since 10, so have to diversify a bit since its grown to big % of my holdings. Still long 6,000 shares since 10... pullback to 55 not unlikely, but could run in Jan Feb to 80 plus... crazy market... nice to be in early. I would highly advise people look into FORTY, formula systems... owns 800,000 sh of magic, plus stakes in 10 public firms, 9 private firms through their venture arm, trades at 1.1 times sales, 40% rev growth, faster profit growth, and 150 million in cash, little debt... full value is only 350m market cap, its worthy 1.5 billion or $150 per share easy from $37 now. Its my lastest pick....