Rail Vision Ltd (RVSN)

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Jim Cramer plugs Radvision again
14.11.06 | 11:30 By Shirley Yom-Tov
When Wall Street guru Jim Cramer thinks a stock will be a bonanza, everybody knows about it, thanks to his TV show on CNBC. And one of the stocks he likes is the Israeli company Radvision (Nasdaq: RVSN) .

Cramer has given the Tel Aviv-based videoconferencing technology company and its sector a lot of exposure on his show. He has even invited its top people to talk on TV: once Gadi Tamari, former CEO and last night Tsipi Kagan, its chief financial officer, who didn't make a personal appearance but did talk on the phone.

The red-haired commentator is a colorful personality, some might say eccentric, but he certainly has influence on the Street. Regarding Radvision, after the closing, the stock advanced another 4.5% last night. In Tel Aviv as of writing it's up 1%, slightly above its starting 0.7% arbitrage gap.

What did they talk about? Kagan described to Kramer how videoconferencing technology has advanced in the last 20 years, thanks to Internet and broadband technologies. Also, the entry of big boys like Cisco, IBM and Microsoft advanced the field, she explained.

Cramer then presented one analyst's report, discussing the company's dependence on Cisco as a client: it was responsible for 27% of the Israeli company's income. If anything, Kagan rebutted, Radvision thinks it's super to have a partner like Cisco. "John Chambers" - the CEO of Cisco - "says that video is a killer application, and we agree with him," she said.

Cramer also yelled that he wouldn't be afraid to have a partner like Cisco, and ended the piece with an animation of two bulls running toward a screen, which is Cramer-speek for his opinion that the stock will advance.

In the last year shares in Radvision have gained 37%, lifting the company's market cap to $450 million.

http://www.haaretz.com/hasen/spages/787841.html