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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (3542)	12/3/1997 1:13:00 PM
From: Bill Harmond	Respond to of 27307

HNCS presented at the DMG conference yesterday afternoon. You can see some comments on the HNC thread. This is one helluva company, and the stock has really gotten beaten down. They specialize in neural-network software used by banks to monitor credit-card transactions in real time to detect fraud. Most of the big banks around the world are customers. Imagine how scalable it must be...and their selling prices are increasing. They're applying this technology to other areas now, like insurance claim fraud, retail forecasting, real-estate appraisal, and internet commerce. The company has met or beaten estimates every quarter since they went public in 1995, yet the stock is selling at early-1996 prices.