ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the January 2006 issue


TASE big winners: Ormat and NICE

The Tel-Aviv Stock Exchange is enjoying one of its best years in modern times. Buying, both locally and from overseas has been propelled by increased hopes for peace as well as by an economy that is growing in rxcess of 4.6% this year. The prospects for next year appear to be as good or better.

Few months ago we pointed at a few companies that we felt had excellent prospects. Since the beginning of the year Ormat Technologies (NYSE:ORA, TASE:ORA) has appreciated by 79.4%,

NICE Systems, (NASDAQ:NICE, TASE:NICE) has also performed well with a gain of55.6% since the beginning of the year.



Reprinted from the Israel High-Tech & Investment Report January 2006

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