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Reuters: Merill [Lynch] starts [coverage of] Magic Software

“Merrill Lynch said in a research report that it had initiated
coverage of Israel’s Magic Software Enterprises Ltd with a buy
recommendation.”

” ‘Magic has developed a computer language so simple to use that
it saves 80%-90% of programming time, over more traditional tools
like Oracle’s developer 2000 and Progress,’ said analyst Tal
Liani.”

” ‘Also, Magic’s Linux offering is another source for an
upside. All Magic’s applications are ready for Linux. It has also
recently released the first native Linux development
tool.”


Press Release