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Technology Stocks : Crystal Systems (CRYSF) - AD 2000 Solution IPO -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (492)8/6/1998 2:32:00 PM
From: Kevin Michael  Read Replies (3) | Respond to of 572
 
Well put, CRYSF is looking like a good long term investment. The conference call was very positive and here are some of the things that were mentioned:

150,000 shares have been purchased according to the buyback plan with plans to keep buying up to 5 millions dollars worth

CRYSF now owns about a 54% stake in subsidiary SCH

company feels good about its newest tools Javamaker and CodeEyes

Plan to develop tools for data security by the end of this year or early next year

10% of revenues were non-Y2k related

about 80% of revenues from US, 6% Europe, and the rest from Israel

company issues FEW press releases, because most clients do not want wish to be mentioned in them

business this quarter is good like last quarter

company expects to be involved in VMS market conversion, whatever this is

I feel good about holding my shares after the conference call and hope others start to feel the same. I think we saw a lot of panic selling. People should hold so the shorts can get squeezed.

CRYSF is starting to gain momentum I would say, EPS have increased in six consecutive quarters; here's to six more.

Is SPNSF an Israeli company?

KM