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To: Paul Senior who wrote (25714)6/7/2001 1:44:01 PM
From: SultanRespond to of 118717
 
I mentioned FNDT only in passing.. I used to own it and sold for a small loss, before it ran up and then crash all the way. At this time, no position and no plans to get one.

I still have a small position in FORTY, another Israeli company and some others but being in tech sector most of them are down from the highs... And sector recovery is ways off..



To: Paul Senior who wrote (25714)6/7/2001 3:02:41 PM
From: DrussRead Replies (2) | Respond to of 118717
 
Paul--I have sworn off Israeli companies.
I made money on the ones I got into but the pattern I kept running into was: Find very pretty solid company at a great price, I invest, Palistinians start throwing rocks, stock tanks, tenuous peace occurs, stock moves into profitable range for me and I get out with money and some indications that stress is going to severely shorten my life span.
All the Best
Druss



To: Paul Senior who wrote (25714)6/14/2001 4:51:37 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Once companies start to warn it often becomes a habit:

Fundtech Ltd. (FNDT): The maker of software for banks said in a statement distributed by Business Wire that it expects a second- quarter loss of 17 cents to 24 cents a share, excluding one time charges and the amortization of goodwill, as revenue has trailed its forecast. It was expected to earn 9 cents, the average estimate of four analysts surveyed by First Call. Company officials couldn't be reached to comment. Fundtech fell 4 cents to $8.96.

This is why I will stay out of CANI for a while, perhaps forever.