Jacada Gets Energized With Utility Deals
Written by: Aaron Katsman | September 19, 2007
By Aaron Katsman
IsraelNewsletter.com
Jacada(JCDA), a leading provider of unified desktop and process optimization solutions for customer service operations, yesterday annouced the signing of another deal with a public utility, worth to be an estimated $1 million in revenue. This is great news for Jacada. Jacada continues to sign deals. This is the 4th utility to do a deal with Jacada recently, and add to it the deal with Harrah’s(HET), and Jacada seems to be executing their business model to perfection.
With a market cap of about $73 million, and almost $36 million in cash, Jacada is still flying under Wall Street’s radar, but high profile deals will surely help in getting the company discovered and that should energize the stock price.
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Disclosure: Author’s fund is long JCDA as of 9/19/07. Author has no positions in any other companies mentioned.
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Aaron Katsman is the lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.
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