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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Mike S. who wrote (28416)3/18/1999 8:31:00 PM
From: puborectalis  Read Replies (1) | Respond to of 120523
 
FNDTF and BusinessWeek
by: Tophemeier
206 of 207
From today's Business Week online edition (from the EPAY strand)

What about EPAY? Craft continues to call it a "very solid, very valuable" company. But he also recommends
FundTech (FNDTF), which is similar to EPAY, except its software is sold to banks, while EPAY's is sold to
corporations. FundTech has risen from $19 1/4 on Mar. 9 to a recent high of $33 1/8 on Mar. 16.
"FundTech is benefiting as much as EPAY from the migration to Internet payments, but it hasn't gotten in the
limelight," says Craft. He thinks EPAY got all the attention because it's a new IPO. But you have to wonder if
its ticker symbol just might have had something to do with it.