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Technology Stocks : Formula Systems : FORTY -- Ignore unavailable to you. Want to Upgrade?


To: Josef Svejk who wrote (26)3/3/1998 3:07:00 PM
From: ERM  Respond to of 141
 
<<A kind of Israeli IT mutual fund - with all the diversification advantages but also complexities of a fund - is the way I seems to me.>>

Well said, although I would amend it slightly: "...complexities of a foreign mutual fund..." which takes into account the Israeli currency risk complexity.

I'm glad a firm like Merrill Lynch is following these guys, although it would be nice to see if any other major house has any research/opinion. Consider that a request to all you lurkers with brokerage accounts at the big (although I guess I'll take small as well) firms. Email me if you want.



To: Josef Svejk who wrote (26)3/4/1998 11:15:00 AM
From: ERM  Read Replies (1) | Respond to of 141
 
Today is a good example of why I am uncomfortable taking a large position in FORTY: it's up $1, over 3%, on 200 shares! Nice on the way up, but think what a 1,000 share sell order could do!