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To: Mighty_Mezz who wrote (11174)2/12/1999 9:06:00 AM
From: richard p. martino  Read Replies (1) | Respond to of 15094
 
***Interesting NEON Article***

Enterprise Application Integrator Growing 100% Per Year
(NEON) Wednesday, February 10, 1999

Analysts predict the market for enterprise application
integration (EAI) products will grow 45% annually and reach
$400 million by 2001. With EAI products, large organizations
can preserve existing investments in older computer systems
while incorporating new technologies like client/server,
Internet/intranet and packaged applications. Several trends
are driving the rapid growth in this sector, including
proliferating business applications in large organizations,
and ongoing issues when adding new applications and
platforms to older systems.

Growth stock guru Jim Collins recommends New Era of Networks
(NEON), the leading EAI vendor. NEON now counts as customers
such industry heavyweights as Merrill Lynch, Chase Manhattan
Bank, Credit Suisse, GTE, Aetna, Ernst & Young and AIG
Insurance. He also cites reseller and joint marketing
relationships with the likes of IBM, KPMG, Coopers &
Lybrand, Sun Microsystems, Hewlett-Packard, Oracle,
Microsoft and Compaq.

NEON is already the largest firm in its market, and it
recently raised more than $150 million through an equity
offering to acquire some of its competitors. Even without
more purchases, Collins estimates NEON is now expanding at
100% yearly via internal growth. Financial results bear this
out. Q4 98 revenues and income (EPS) came in at $27.3
million and $4.2 million ($0.15/share) respectively, up 230%
from last year.

"NEON is well positioned to benefit from growth in this
rapidly growing industry due to its extensive base of blue
chip customers," Collins says. He recommends positions in
NEON in all of his growth portfolios.

For more on Jim Collins' recommendation see "Analyst's
Review," February 1999, OTC Insight. Jim Collins focuses on
the inefficiently priced OTC market using analytical
techniques to select stocks and create portfolios.