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Technology Stocks : FLSH - M-FLASH SYSTEMS DISK PIONEERS -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (414)4/18/1998 5:08:00 PM
From: Jerome Wittamer  Read Replies (1) | Respond to of 923
 
I don't think you're gonna see a real threat anytime soon from TXN or INTC or others, this product is really original AND proprietary.

Now this does not explain a 20% move up. I really really wonder what's happened Friday. Volume was not so high. Anybody knows something?

IMHO, it's a nonsense to see these kinds of things.



To: tom pope who wrote (414)4/18/1998 9:25:00 PM
From: Zvi Steinberg  Read Replies (1) | Respond to of 923
 
An article from Ha'Aretz Israeli daily:

Sunday, April 19, 1998

NY's Israeli stocks end on high


By Joel Nassie, Ha'aretz Correspondent

Most Israeli shares traded on Wall Street joined in the
buoyancy of the New York market at the end of the week,
as Orbit/FR, Team Telecom, Ariely Advertising and
M-Systems all posted outstanding performances.

The most spectacular rise was registered by Orbit/FR, which
soared 46 percent in the last two days of trading this week.
On Thursday alone, the stock price increased 35 percent
from its $9 starting price, although there was no special
announcement from the company. On Friday, it continued
its race northward, reaching $15.25 at one point before
settling at $13.25. Orbit has been battered in trading in
recent months, falling from about $29 in September over
expected losses due to Asia's financial woes.

Another share that sparkled on Wall Street was Team
Telecom, which rose by 27.5 percent on news that the
company, a subsidiary of TTI, had won a large contract from
Brazil. The share ended the week at $8.13, more than 100
percent higher than its low, in January, of $4.

There were two other stellar performers. Ariely Advertising
rose 26.6 percent to $3.5 on news of an extended contract
with a Canadian distance-learning institute, Ontario T.U.

which plans to increase its purchase of Ariely's Ideal
distance-learning system. The value of the deal was not
disclosed. In addition to its Ideal system, Ariely also holds a
64 percent share in Ariel-Net which has developed a product
for phone and fax communication over the Internet.

Meanwhile, M-Systems rose 19 percent, even though there
was no special news from the company. Scitex rose a far
more modest 2.5 percent to end the week at $13.

Indigo was boosted at the beginning of last week by a buy
recommendation from Cap Ventures, prompting the share to
rise by 20 percent in the course of the week.

Bucking the upward trend, ECI Telecom dropped 0.5 percent
to $30.25, Nice fell 3 percent to $42.75 and Koor remained
unchanged at $25.