To: wlheatmoon who wrote (9683 ) 2/24/1998 11:32:00 PM From: Josef Svejk Respond to of 13949
Humbly report, All, regarding FORTY, and it's parts: ________________________________________News: FORTY: biz.yahoo.com CRYSF: biz.yahoo.com FORSF: biz.yahoo.com WIZTF: biz.yahoo.com ________________________________________Old news: RESEARCH ALERT-Formula (TEL:FORM) EPS outlook raised Reuters, Wednesday, September 03, 1997 at 07:30 JERUSALEM, Sept 3 (Reuter) - Carnegie Emerging Markets said in a report released on Wednesday that it was raising its 1997 and 1998 earnings per share (EPS) estimates for Israel's Formula Systems Ltd, a software company. Analyst Stephen Levey said he was raising 1997 prospective EPS to 8.5 shekels per share from an earlier 7.4 shekels and 1998 EPS to 8.9 shekels from 7.7 shekels. Levey said he was increasing his estimates for full-year 1997 capital gains for Formula to 52 million shekels from 40 million. He said gains in 1998 would likely exceed his current 25 million shekel estimate. Carnegie said 1998 EPS would be helped by higher-than-expected sales from Formula's Wiztec Solutions Ltd (NASDAQ:WIZTF) unit and rapid earnings growth at Crystal Systems Solutions Ltd (NASDAQ:CRYSF) and other units. "On a perspective price-to-earnings ratio of 9.2 times versus a Mishtanim (index) ratio ... of 15.4 times, we continue to recommend the shares as a strong buy, and set a new medium term target of 100 shekels," Levey said. ($1 = 3.52 shekels) - Jerusalem newsroom, 972-2-537-0502 From: #reply-2103435Latest numbers: ________________________________________ Wiztec Solutions Reports Record Results for 1997; Fourth Quarter Record Net Income, Increase by Over 300 Percent. From: #reply-3411023 ________________________________________ Crystal Systems Solutions Reports Record Fourth Quarter Results; Record Revenues of $7.724 million; Record EPS of $0.15 per share. From: biz.yahoo.com ________________________________________ ForSoft Reports Record Fourth Quarter Results, Record Revenues of $9.4 Million, Increase of 84%, Record EPS of $0.14 From: biz.yahoo.com ________________________________________ Formula Systems Ltd. Announces the Offering of 2,800,000 Ordinary Shares Of its Subsidiary, ForSoft Ltd., Priced at $9.00 From: biz.yahoo.com ________________________________________ Svejk (GL-15 applies: digiserve.com ;-)