Data Systems & Software Inc. (OTCBB: DSSI), which once was a major party at interest in Tower, rose 21% yesterday. I thought that Data Systems subsidiary Comverge, a developer of remote control solutions for power stations on which I once pinned many hopes, had made an announcement, but no. Data Systems only announced that CFO Yacov Kaufman had resigned. Is there a connection with the rise in the share price? I don’t think so. Had chairman George Morgenstern resigned, the share would have probably risen much higher, but investors cannot hope for that. The man is only 72, so why should he resign?
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