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Re: FRED8 post# 146

Thursday, 12/01/2005 2:34:40 PM

Thursday, December 01, 2005 2:34:40 PM

Post# of 2952
This review helps some,

Thu: The top and bottom
Top Image is gaining recognition

Shlomo Greenberg

California-based issuer paid research firm Dutton Associates is continuing its exploration of Israeli companies traded in New York. Its most recent review, which I have previously mentioned, included a “Strong Buy” recommendation for Elron Electronic Industries (Nasdaq: ELRN; TASE: ELRN). I have now received their study of Top Image Systems (TiS) (Nasdaq: TISA).
Dutton recommended “Strong Buy” for Top Image, with a target price of $4 for next year. Analyst Rafael Kapelinski believes that Top Image will become a leading company in content identification software. The company has leading technologies, excellent management, vision, and capabilities. It is competing successfully against its rivals, one of which, Captiva Software (CPTV), was recently acquired by Massachusetts based information giant EMC Corporation (NYSE: EMC). EMC spent $5 billion over the past three years acquiring seventeen companies in the Internet content identification field. EMC is on its way to take over the identification and testing of Internet content for offices and homes. This IT niche of identification, cataloging, and safeguarding (or erasing) material that enters business offices is one of the most promising areas for the future.

http://www.globes.co.il/serveEN/globes/nodeView.asp?fid=1052

Dubi



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