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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 (565)	2/7/1999 5:03:00 PM
From: Researcher	Read Replies (1) \| Respond to of 572

Here's a little more information, 2/5/99 2:14 pm... CRYSTAL SYSTEMS (CRYSF 8-3/4) DOWN 1-5/8, GOLDMAN DOWNGRADES TO MARKET PERFORMER FROM MARKET OUTPERFORMER... Yesterday co. posted $0.25 vs. $0.16 4Q EPS... Analyst Elan Zivotofsky tells salesforce downgrade due to concerns over next several Qs, lack of earnings visibility regarding '00 estimates... Notes 4Q revenue was $1M below his estimate... Lowers $64M '99 rev. est. to $52M... Maintains $1.05 '99 EPS est... Given lack of visibility combined with execution challenges seen on horizon, believes shares will tread water in near to medium term... Notes continued positive view on CRYSF parent Formula Systems, which owns 32% of CRYSF./K.J.Wolfe -0- CRYSF $ (1261) 02-05-99 02:25 PM EST Good investing Researcher