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Strategies & Market Trends : Israel -- Ignore unavailable to you. Want to Upgrade?

To: Dwight Squires who wrote (47)3/23/1998 1:42:00 PM
From: .com  Respond to of 54
 
Does anyone know anything about Amdocs coming public in the near future? I saw a Reuter's article on March 10 that the IPO was forthcoming. The issue is supposed to be managed by Morgan Stanley and Goldman Sachs and it is supposed to become the largest company (in terms of market cap) in Israel.

Would appeciate any additional info anyone might have.

Thanks.



To: Dwight Squires who wrote (47)3/24/1998 8:20:00 AM
From: LLLefty  Read Replies (2) | Respond to of 54
 
Mr. Squires:

I would have thought ISL should have done better over the last few years. I don't know what is in its portfolio but if I remember right it went public at about 15 and despite the sharp rise in Israeli stocks since that time, ISL has lagged behind. I think most investors in Israeli stocks prefer holding invididual issues rather than a fund.


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