Organization: Bar-Ilan University Computing Center, Israel
Date: Sun, 3 Jan 1993 10:55:43 IST
From: Hank Nussbacher <HANK@BARILVM.BITNET>
Newsgroups: soc.culture.jewish,misc.invest
Subject: Israeli stocks: Up 60% for 1992

Selected Israeli stocks on USA stock exchange (OTC, etc.)

Stock name     1992        1992
               close       change
-------------  ------     -------
Scitex         42.75       +20%
ECI Telecom    36.25       +52%
Teva           43.87      +132%
Elbit          47.25       +89%
Elscint         7.37       +55%
Lannet         25.12       +44%
Tadiran        27.75       +91%
4th Dimension  19.25       +60%
Sapiens        26         +131%
IIS            50.75      +180%
Teldata        15.75       +43%
Lanoptics      18.37       +36%
Magic          15.00       +93%

- Overall average of all Israeli stocks on USA stock exchanges for
  1992: +60.2%
- 42 Israeli stocks on USA exchanges, 5 stocks went down in 1992,
  37 went up.
- Largest increase: BVR: close 12.37 up 247%
- Largest decrease: BTG (Bio Technology General): close 5.87, down
  32%
- Israeli stock exchange for 1992: up 94% (inflation 9.3%).  For
  comparsion: Hong Kong: +27%, Switzerland: +25.1%, Mexico: +22.8%,
  UK FTSE: +14.2%, Sweden: +8.5%, France: +5.9%, US Dow Jones: +4.5%
- Israeli stock market over past 4 years: up over 300%

So what are you waiting for?  Israeli stocks in the US market are
almost all high-tech, solid companies.  Below is a posting I made on
soc.culture.jewish - lets see how I have done with my predictions
(from Oct 27th 1992):

>>Date: Mon, 12 Oct 1992 21:46:58 IST
>>
>>-ECI Telecom: They make equipment for packing more phone calls over
>>copper lines.  Germany has been buying lots of their equipment to
>>upgrade East German infrastructure.
>
>ECI went up 6.5% yesterday to 30.75

Finished at 36.25.  Up 17% in 2 months.

>
>>
>>- IIS: terminal makers.  Owns Harris- Lee Data in USA.
>
>IIS went up 3.8% yesterday to 33.75

Finished at 50.75.  Up 50% in 2 months.

>
>>
>>- Lannet:  they make the Multinet hub which is competition to
>>Cabletron, Synoptics and Chipcom.  I didn't expect them to do well
>>when they floated their shares a year ago at 12.  They hit 32 this
>>year and have cooled down to 23.  Not bad for a new company.
>
>Lannet was yesterday at 27.25 - an 18% increase in 2 weeks.

Finished at 25.12.  Down 8% in 2 months.

>
>>
>>- Teldata: is another new one.  They make equipment to maximize use
>>of copper phone lines like putting 4 phone circuits on a single twisted
>>pair.  The owner of Lannet (Zisapple of Bynat Group) bought into
>>Teldata a week before they floated their shares.  Teldata hasn't
>>moved much - 5% this year but has potential for the next 12 months.
>
>Teldata went up yesterday 3.7% to 14.12.  They were around 11 two
>weeks ago - up 28%

Finished at 15.75.  Up 11% in 2 months.

>
>>
>>- Magic: PC and Vax software.  Program generation software.  Their
>>software has won many speed awards in international competition
>>(design time for 2-3 programmers).  Very popular in Europe and Far
>>East - the parent company - Mashoov on Israeli stock market created
>>Magic Software on NYSE and opened at 8.5 last year and is now up to
>>10.  Has good potential for this year also.
>
>Yesterday Magic hit 11.50 - 15% in 2 weeks.

Finished at 15.  Up 30% in 2 months.

>
>>
>>- Opratech: They make printed circuit boards or design of equipment
>>that makes printed circuit boards.  Their only major competitor is
>>Orbot - also an Isareli company and they are in the process of a
>>merger.  There are rumors that the SCC will not allow the merger to
>>go through due to monopoly of trade laws but I have sources that
>>tell me that this will be a non issue and that the merger is taking
>>place.

No data.  I missed it.

>>
>>- Sapiens: is also a new company.  They make mainframe database
>>software in Rehovot (Kiryat Weizmann).  That is why IBM had to
>>settle for a name like DB/2.  Sapiens had the trademark for DB/1
>>before them!  Their software is considered technologically a leader
>>in the industry.  One of the few Israeli stocks to be down this year
>>(6%) but at 10.5 - which is close to their IPO price of 9, they are
>>a good investment for the future.
>>
>>Hope this helps a bit.

Finished at 26.  Up 147%  (IBM signed an agreement withn Sapiens to market
their database software!!!)

>>
>>
>>Hank Nussbacher
>>Karnei Shomron
>>Israel
>
>My forecast shows Israeli stocks on the whole going up another 25%
>till the end of the year to finish with a healthy 50% overall increase.
>If you want to make oodles of money and support Israel at the same
>time, now is the time to buy some Israeli stock.

For those that followed my investment advise and have opened an Israeli
stock portfolio, you have all made lots of money.  I wish you all well
and that you continue to make lots of money.  My prediction for 1993
is that Israeli stocks (on the US exchanges) rise 35% for the year
on average.

Hank Nussbacher
Karnei Shomron
Israel
Newsgroups: soc.culture.jewish