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To: Dale Baker who wrote (12841)	12/8/1999 1:59:00 PM
From: Sultan	Read Replies (1) \| Respond to of 118717

A lot of Israeli companies are trading very high.. One reason could be investors are not giving too much credit for thier holdings in other publicly traded companies, such as MGIC. Another is that they are going through some form of restructuring of their subsidiaries... globes.co.il What ever the reason, doing research on them I think what we have here is a stock that can double from here and still be a reasonable.. They have a lot of cash ($ 140m or some such number)on the books, they seem to do venture funding, they have a number of companies/divisions that could go public sooner or later... The prospects going forward are definitely there... The cash alone if invested in other companies could return X times the original investment....