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Technology Stocks : Merant - MRNT (formerly MIFGY) -- Ignore unavailable to you. Want to Upgrade?

To: Arrow Hd. who wrote (186)	8/14/1998 7:04:00 AM
From: Ian Burton	Read Replies (1) \| Respond to of 461

UK Stockbrokers Killik - feature Viewpoint on MIFGY on their daily news today killik.co.uk Micro-Focus (450p), the provider of solutions for developing enterprise applications and managing legacy systems, is expecting to announce their interim results on 19th August 1998. The first quarter results were impressive with 50% revenue growth and 125% increase in earnings. The company reported that much of this growth came from their effort in stepping up their services business. The announcement of their merger with Intersolv, a US-based IT services company, would only boost their activities in services. With pre-merger earnings forecast to grow 38% and a 6 month prospective PE of 24, the shares are undervalued and have been highlighted as one of the cheapest in the IT sub-sector. BUY.