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NICE Ltd

NICE Ltd (NICE)

255.59
-5.98
(-2.29%)
Closed March 27 04:00PM
255.59
0.00
( 0.00% )
Pre Market: 09:23AM

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Key stats and details

Current Price
255.59
Bid
255.62
Ask
256.32
Volume
1,050
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Market Cap
Previous Close
255.59
Open
-
Last Trade
80
@
256.03
Last Trade Time
09:22:06
Financial Volume
-
VWAP
-
Average Volume (3m)
-
Shares Outstanding
66,265,000
Dividend Yield
-
PE Ratio
54.32
Earnings Per Share (EPS)
5.11
Revenue
2.38B
Net Profit
338.3M

About NICE Ltd

Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXOne platform delivers solution... Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXOne platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions. Show more

Sector
Electronic Computers
Industry
Electronics Diversified
Website
Headquarters
Ra'anana, Center, Isr
Founded
1995
NICE Ltd is listed in the Electronic Computers sector of the NASDAQ with ticker NICE. The last closing price for NICE was $255.59. Over the last year, NICE shares have traded in a share price range of $ 0.00 to $ 0.00.

NICE currently has 66,265,000 shares outstanding. The market capitalization of NICE is $18.38 billion. NICE has a price to earnings ratio (PE ratio) of 54.32.

NICE Latest News

Triple Impact Connections Increases its Digital CX Capabilities with CXone

NICE CXone’s AI-Driven cloud CX platform will provide Triple Impact Connections with the next gen flexibility and scalability to meet its needs amid rapid growth NICE (Nasdaq: NICE) today...

NICE Named a Leader in the 2024 Aragon Research Globe™ for Conversational AI in the Intelligent Contact Center

NICE CXone identified for delivering a single unified platform for the entire CX journey NICE (Nasdaq: NICE) today announced that it has been named a Leader in the 2024 Aragon Research Globe for...

NICE Recognized for European AI Product Innovation Industry Excellence

Leading analyst firm Frost & Sullivan recognized NICE in the 2024 Best Practices Awards NICE (Nasdaq: NICE) today announced it has received Frost & Sullivan’s 2024 Best Practices New...

NICE Launches Next Generation of Enlighten Copilot, Delivering AI-Driven Augmentation to The Entire CX Workforce

NICE’s latest CX AI innovation drives personalized employee augmentation for agents, supervisors, and CX leaders NICE (Nasdaq: NICE) today announced the next generation of Enlighten Copilot...

NICE Delivers Major CX AI Milestone with Enlighten Managing 100 Million Customer Interactions Per Month

Organizations of all sizes across industries utilize NICE Enlighten, NICE’s AI purpose-built for CX, to optimize, automate and augment consumer and employee experience NICE (Nasdaq: NICE) today...

NICE Unveils Enlighten XM, A Next Generation AI Contextual Memory Powering Customer Interactions

Breakthrough CX AI solution leveraging unique LLM deep data memory to drive hyper-personalized journeys NICE (Nasdaq: NICE) today unveiled NICE Enlighten XM (Experience Memory), the latest...

NICE Enlighten AutoSummary Wins 2024 BIG Innovation Award for Contact Center Innovation

Enlighten AutoSummary combines proprietary NICE CX AI models with Gen AI to automatically deliver accurate and actionable contact center summaries for every customer interaction NICE (Nasdaq:...

NICE Recognized as Best Digital Transformation Partner Company by 2024 Global Banking & Finance Review Awards

The award acknowledges NICE’s digital leadership in support of contact centers and their agents across North America, Asia Pacific, Europe, and Latin America NICE (Nasdaq: NICE) has announced...

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NICE Discussion

View Posts
Monksdream Monksdream 5 days ago
NICE new 52 hi
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peterquinnvet peterquinnvet 2 years ago
NICE was listed in the top 10 AI stocks of 2022, check it out here: https://money.usnews.com/investing/stock-market-news/slideshows/artificial-intelligence-stocks-the-10-best-ai-companies?slide=11
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Always wondering Always wondering 4 years ago
Any stockholders left here? Looking to enter.
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drstrange drstrange 5 years ago
nice we are holding onto a penny so far today
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whytestocks whytestocks 5 years ago
News: $NICE The AI Eye: IBM Expands "New Collar" to Ready France for Digital Economy, Accenture Introduces INTIENT Platform and NICE Announces Smart Digital Conversations

Point Roberts, WA and Vancouver, BC - May 16, 2019 (Investorideas.com Newswire) Investorideas.com ( www.investorideas.com ), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in arti...

Read the whole news https://marketwirenews.com/news-releases/the-ai-eye-ibm-expands-new-collar-to-ready-france-for-digital-economy-accenture-introduces-intient-platform-and-nice-announces-smart-digital-conversations-8201118.html
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whytestocks whytestocks 5 years ago
News: $NICE NICE Reports Accelerated Growth with Double-Digit Increases in Total Revenue and Earnings Per Share for the First Quarter 2019

31% Increase in Cloud Revenue Record Operating Cash Flow of $182 Million, Increase of 33% Company Increases Guidance for Full-Year 2019 Earnings Per Share NICE (NASDAQ: NICE) today announced results for the first quarter ended March 31, 2019. First Quarter 2019...

Find out more https://marketwirenews.com/news-releases/nice-reports-accelerated-growth-with-double-digit-increases-in-total-revenue-and-earnings-per-share-for-the-first-quarter-2019-8196952.html
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whytestocks whytestocks 5 years ago
News: $NICE NICE Announces a New Era of Complete Digital Experiences Expediting Enterprises Transition to Smart Digital Conversations

NICE Accelerates the Cloud Experience Revolution Led by CXone With the Acquisition of Brand Embassy Organizations can now provide a true digital consumer experience, as NICE (NASDAQ: NICE) announces the next generation of customer service: Smart Digital Conversations. Enterprises of...

Got this from https://marketwirenews.com/news-releases/nice-announces-a-new-era-of-complete-digital-experiences-expediting-enterprises-transition-to-smart-digital-conversations-8196942.html
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whytestocks whytestocks 5 years ago
News: $NICE NICE Announces New Generation of Employee Engagement with Back Office Proficiency Essentials

First of its kind solution to afford rapid deployment and provide proven productivity improvement of 15-18 percent within just one-month post implementation NICE (Nasdaq: NICE) today announced NICE Back Office Proficiency Essentials , a leading-edge solution that uniquely combines ...

Read the whole news https://marketwirenews.com/news-releases/nice-announces-new-generation-of-employee-engagement-with-back-office-proficiency-essentials-7412140.html
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BrazenBull BrazenBull 9 years ago
You would have almost doubled.
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PennyWorld PennyWorld 16 years ago
Another buy opp here at $34 IMO. eom
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midastouch017 midastouch017 17 years ago
CIBC: Actimize acquisition opens new opportunities for NICE
CIBC reiterates its rating for NICE and raised its revenue and profit forecasts for the company.
Globes’ correspondent 3 Jul 07 15:30
CIBC World Markets says that the acquisition of Actimize Ltd. opens new growth opportunities for NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE). CIBC reiterated its “Sector Outperformer” recommendation for NICE with a target price of $43.
CIBC says, “We see significant synergies between Actimize's anti-fraud/anti-money laundering analytics software and NICE's call center solutions. In time, we believe the combo could catalyze significant growth, helping NICE penetrate deeper into the enterprise and helping Actimize sell into contact centers. We expect a smooth, surprise-free integration. The two companies already know one another at many levels and have recently presented a proposed joint offering to shared customers. Actimize's management team will remain intact, as will its R&D division, located around the corner from NICE in Israel.


“The companies' joint marketing and channel efforts will initially focus on the financial services sector, Actimize's sole and NICE's largest market. A converged NICE/Actimize analytics product for the vertical is expected in 2008. A solution tailored to the security market is likely to follow.

“Actimize is on track to grow over 50% in 2007; management expects it to grow 40%-50% to $55-$60 million, in 2008. Though Actimize is profitable, the $280 million price tag ($227 million in cash) will cut into NICE's interest income, for $0.04-0.05 dilution in our 2007 estimate. The deal should be neutral in 2008.”

CIBC notes, “NICE expects Actimize to contribute $10-$12 million in revenue during the fourth quarter of 2007 and to be $0.04-$0.05 dilutive to EPS during that period because of lower interest income. As a result, NICE is raising its 2007 fiscal year revenue guidance to $497-$514 million from $487-$502 million and lowering EPS guidance to $1.31-$1.42 from $1.36-$1.46.”

CIBC has raised its forecasts for NICE as a result of the acquisition: “Our new estimates assume the Actimize acquisition will close toward the end of the third quarter of 2007. We are raising our fourth quarter of 2007 revenue estimate to $142 million from $132 million and trimming our EPS target to $0.39 from $0.44. Our fiscal year 2007 revenue estimate is raised to $509 million from $499 million, with EPS trimmed to $1.40 estimate from $1.45 estimate. We are raising our fiscal year 2008 revenue estimate to $617 million from $562 million and keeping our EPS target unchanged at $1.70.”

Published by Globes [online], Israel business news - www.globes.co.il - on July 3, 2007

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midastouch017 midastouch017 17 years ago
Nice Systems will continue to expand through M&A, says chief
14.12.06 | 15:09 By Shirley Yom-Tov
Nice Systems (NASDAQ: NICE) will continue to make strategic acquisitions, vowed its CEO, Haim Shani, in an interview with Bloomberg.

He said the acquisitions are designed to accelerate the company's organic growth and strengthen its presence in the markets in which Nice operates.

First and foremost Nice wants to acquire defense-sector companies, Shani said.

Nice today operates in two areas: voice recording systems for customer centers, which generated 75% of its income, and video and voice recording systems for homeland security applications. Shani said the company would like to increase the proportion of its revenue generated by security applications.

In July, Nice bought IEX for $200 million. The target company actually makes software for human resources management, strategic planning and management of customer services. It also bought Performix Technologies, an American company that makes software to manage performance of customer centers, for $13 million.

Nice is traded on Nasdaq and the Tel Aviv Stock Exchange at a market capitalization of $1.5 billion. At the end of the third quarter it had $245 million cash.

http://www.haaretz.com/hasen/spages/801196.html
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midastouch017 midastouch017 17 years ago
Progressing NICEly
NICE and Equity One owe their success to their outstanding management teams. New biotech company Tissera has an excellent management team too, but investors should still tread with caution.
Shlomo Greenberg
NICE Systems (Nasdaq: NICE; TASE: NICE) is continuing to capture new markets. Its latest deal with Network Rail, the owner and operator of the UK’s railway infrastructure, amounts to the big time. Network Rail is responsible for the operation, maintenance and development of Britain’s tracks, signaling system, rail bridges, tunnels, level crossings, viaducts and 17 key stations.
As part of its National Voice Recorder Project, NICE will fulfill phase one of the project that will ensure all interactions between signal operators and train drivers are captured and stored in compliance with strict corporate policy. The system that NICE is providing will enable compilation of evidence and information sharing in the event of a post-incident inquiry. This deal is worth tens of millions of dollars.

NICE, which was recently rated “Buy” by the Bank of America, which set a target price of $38, is trading at a multiple of 25 for 2006, and 23.5 for 2007. The stock’s premium is due to the company management, which delivered one of the greatest comebacks both in Israel’s technology industry, and elsewhere. In his review, Bank of America Securities senior equity research analyst Daniel Cummins said that “NICE is well positioned to capitalize on investment trends in converged voice-video data collection and analysis, advanced CRM, compliance and security.” This is the test of a successful manager; take a niche company and give it a leading position in a growing niche. While the stock is a bit expensive at present, I still feel that the chances of making a profit are several times higher than those of making a loss, and this, of course, is not the kind of profit that can made in an instant.

http://www.globes.co.il/serveen/globes/docview.asp?did=1000160137&fid=1052
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midastouch017 midastouch017 17 years ago
NICE Systems wins large order from UK’s Network Rail
The order is for NICE's solutions for the reconstruction, analysis, and distribution of voice communications.
Globes correspondent 4 Dec 06 14:16
Digital recording company NICE Systems (Nasdaq: NICE; TASE: NICE) of Ra'anana has received what it describes as a 7-digit order in the UK. The order, from Network Rail, which owns and operates Britain’s rail infrastructure, is for NICE's solutions for the reconstruction, analysis and distribution of voice communications. Initial roll-out entails implementation at 270 signal boxes.
Network Rail is responsible for the operation, maintenance, and development of Britain’s tracks, signaling system, rail bridges, tunnels, level crossings, viaducts, and 17 key stations. As part of its National Voice Recorder Project, NICE will fulfill phase one of the project that will ensure all interactions between signal operators and train drivers are captured and stored.

Network Rail will also deploy Scenario Replay, NICE’s event reconstruction solution that facilitates faster compilation of evidence and information sharing in the event of a post-incident inquiry.

“We needed a complete network-based solution to help us meet our very strict requirements,” said David Lovell, Overall Project Manager of the Network Rail National Voice Recording Project. “With NICE’s powerful applications for scenario reconstruction we are confident that we will be able to fully and accurately understand any situation where signal failure, accident or negligence may have occurred, and to ensure that we can correct or even prevent such occurrences in the future for better public service.”

“We are very pleased to have been selected to support the critical communications infrastructure of Britain’s Network Rail,” said NICE EMEA president Tamir Ginat. “This win is further evidence that NICE is the premier solution for transit systems all over the world, in their efforts to ensure the security of the public.”

Last month, NICE Systems announced a similar order for Metropolitan Transit Authority New York City Transit’s new Rail Control Center, via its partner, Siemens Transportation Systems Inc.

NICE Systems shares are currently up 3.02% on the Tel Aviv Stock Exchange, at NIS 136.30.

Published by Globes [online], Israel business news - www.globes.co.il - on December 4, 2006

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PennyWorld PennyWorld 17 years ago
Midastouch...I'm talking about the downward dip in the upper right hand corner. I'm cool. I'm optimisitic.

http://finance.yahoo.com/q/bc?s=NICE&t=6m&l=on&z=m&q=l&c=
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midastouch017 midastouch017 17 years ago
PW,

Check the two year chart, you may change your mind,

http://finance.yahoo.com/q/bc?s=NICE&t=2y&l=on&z=m&q=l&c=

Dubi
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PennyWorld PennyWorld 17 years ago
Midast...Q is ... why isn't this stock going UP?
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midastouch017 midastouch017 17 years ago
Record Results for Third Quarter 2006 Reported by NICE Systems - Revenues Reach $112.2 Million
Wednesday November 1, 6:31 am ET
Company delivers record gross margins, operating margins and net income

RA'ANANA, Israel--(BUSINESS WIRE)--NICE Systems (NASDAQ: NICE - News), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced results for the third quarter of 2006.

Third quarter 2006 pro-forma revenue was a record $112.2 million, representing a 35.6% increase from $82.7 million in the third quarter of 2005.

Pro-forma gross margin in the third quarter was a record 60.6%, or $67.9 million pro-forma gross profit, up from 56.6%, or $46.8 million respectively in the third quarter 2005.

The company reported a record pro-forma operating margin for the quarter of 15.9% and operating profit of $17.8 million, compared with 11.5% and $9.5 million, respectively, in the third quarter of 2005.

Third quarter 2006 pro-forma net income was a record $16.0 million, up 78.5% from $9.0 million in the third quarter of 2005. Pro-forma earnings per fully diluted share were at $0.31, up from $0.22 in the same quarter of 2005.

On a GAAP basis: Third quarter 2006 revenue was $107.5 million, up from $82.7 million in the third quarter of 2005. Third quarter 2006 gross margin was 56.2%, compared with 55.9% in the third quarter of 2005; operating loss was $6.9 million, compared with operating profit of $8.4 million, in the third quarter of 2005; and third quarter 2006 net loss was $5.4 million, or $0.11 per fully diluted share, compared with net income of $7.9 million, or $0.19 per share, on a fully diluted basis, for the third quarter of 2005.

Q3 2006 operating cash flow was a record $25.3 million, Total cash and equivalents at September 30, 2006 was $244.2 million, with no debt, compared with $421.1 million on June 30, 2006. This follows the $200 million that were paid for IEX during the quarter.

Commenting on the results, Haim Shani, Chief Executive Officer of NICE said, "Third quarter results reflect the successful execution of our long term plan and the continually growing demand for our Insight from Interactions solutions both in the enterprise and security sectors. They are also the clearest testament to the success of the paradigm shift we introduced to the enterprise sector with the acquisitions of IEX and Performix and implementation of our best-of-breed strategy for the contact center. Together with our global services, and worldwide footprint our offering enables us to achieve quick and measurable results. We continue to lead our markets going into 2007 and beyond."

Ran Oz, NICE's Corporate Vice President and Chief Financial Officer, stated, "Further to the outstanding results of the last three quarters and the strong momentum we are seeing in both the enterprise and security sectors, we are raising our full year guidance and providing first time Q4 guidance as follows: We expect Q4 revenues to be between $115 and $120 million, and pro-forma EPS per fully diluted share in the range of 32 - 37 cents. For the year we expect revenues at $413- $418 million, up from $408 - $417 million, and pro-forma EPS at a range of $1.12 - $1.17, up from $1.06 - $1.15 per fully diluted share."

Mr. Oz continued, "Looking forward to 2007 we expect the growth in our revenues to continue. This will allow us to enjoy the leverage of our business model, further improving margins and driving stronger bottom line growth. We introduce first time 2007 revenue guidance at $485 - $500 million; and first time pro-forma EPS per fully diluted share guidance of $1.35 - 1.45."

http://biz.yahoo.com/bw/061101/20061101005495.html?.v=1
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midastouch017 midastouch017 17 years ago
Financial services giant to use NICE solutions
CUNA Mutual Group provides financial services to credit unions.
Amir Keidan 25 Oct 06 14:44
NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) today announced that CUNA Mutual Group, the world's largest provider of financial services to credit unions and their members worldwide, has selected NICE solutions for its service centers.
The NICE solutions will be implemented for 1,000 CUNA Mutual agents at three sites. CUNA Mutual expects that the NICE quality control, interaction and training analysis, and personnel management solutions will improve its management solutions.

Published by Globes [online], Israel business news - www.globes.co.il - on October 25, 2006

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midastouch017 midastouch017 17 years ago
NICE Receives Follow-on Order to Boost Security at the Eiffel Tower
Monday October 9, 7:00 am ET
Company's smart video solutions help secure over 6 million annual visitors

PARIS--(BUSINESS WIRE)--NICE Systems (NASDAQ: NICE - News), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that it has received a follow-on order for its smart video solutions to help secure the Eiffel Tower.

With real-time, distributed digital video security solutions and advanced video analytics, NICE helps streamline security operations and protect the Eiffel Tower, enabling site managers to identify risk in real time, make optimal decisions, and take action that improves security.

NICE provides real-time threat detection. With advanced digital video analytics they can easily retrace the steps of suspicious individuals and verify whether the event indeed constitutes a real security risk. The result is enhanced safety of visitors to the monument.

"Currently deployed at a large number of high-profile city-centers, national monuments across the world, and highly trafficked locations, NICE's solutions have become the preferred choice for ensuring the safety and security of citizens and tourists. The continuing preference of NICE by this market is a testimony to our quality and reputation," said Israel Livnat, President of NICE's Security Group. "We are honored to be part of this project to and contribute to the protection of France's premier monument and its visitors."

http://biz.yahoo.com/bw/061009/20061009005472.html?.v=1
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midastouch017 midastouch017 17 years ago
NICE wins Massachusetts Bay video project
The project is part of an upgrade for the Massachusetts Bay Transportation Authority's new Automated Fare Collection system.

Roee Bergman 4 Oct 06 18:20
Digital recording thechnology company NICE Systems (Nasdaq: NICE; TASE: NICE) of Ra'anana has been selected by systems integrator Intelligent Systems Co., Inc. (iSYS) to supply advanced digital video surveillance and monitoring solutions as part of a large-scale upgrade project for the Massachusetts Bay Transportation Authority's (MBTA) new Automated Fare Collection system. The value of the contract was not disclosed.
iSYS is a wholly owned subsidiary of City Lights Electrical Co., Inc

NICE's real-time distributed digital video solution will be deployed system-wide to help the MBTA, which provides service to 175 cities and towns, improve security, customer service, and operational efficiency.

The solution will be used to automatically detect suspicious events and provide real-time alerts to security personnel. NICE's video solutions will be integrated with state of the art communications systems, enabling managers to see what is happening in more than seventy stations at any given time.

Shares in NICE Systems rose 1.86% on the Tel Aviv Stock Exchange today, to NIS 120.20.

Published by Globes [online], Israel business news - www.globes.co.il - on October 4, 2006

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midastouch017 midastouch017 17 years ago
One of the most interesting companies in the surveillance-monitoring-identification-documentation-etc. field is NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE). I’ve written quite a bit about NICE in the past, and it’s been in my top picks list for a long time, but in recent years, its share had a premium, which from the perspective of investors has created the Marvell Technology Group (Nasdaq: MRVL) problem. In other words, technically, NICE’s share was too expensive, and even though I believe in the company, it was hard for me to recommend it at the prices it was traded. NICE represents the ultimate merger - a rapidly expanding niche, expectations of further growth by the company over the coming years, top-of-the-line products, and exceptional management. Investors should own shares like this, period.

NICE CEO Haim Shani joined the company in early 2001 from Applied Materials Inc. (Nasdaq:AMAT), where he ran the company’s Israeli branch. Shani, it can now be said, took over NICE during a severe crisis, fixed and improved the company and turned into a leader with a rosy future. Investors happily paid for this. What does this mean? At some point, when investors realized who the man was and what he could do, they set a permanent premium on the share. When a share is traded at a premium for years, it’s good for investors, employees, and management; they all benefit. From $3.50 in early October 2002, NICE is now traded at $27.30.

P/e ratios of 24 for 2006 and 20 for 2007 are now considered high. Nevertheless, 10 of the 15 analysts covering NICE give the share a “Buy” recommendation, and the other five rate it at “Hold”. Oscar Gruss analyst Ronny Biran gives its “Buy” recommendation with a target price fo $31.

NICE competes against Comverse Technology Inc. (Nasdaq: CMVT) subsidiary Verint Systems Inc. (Nasdaq: VRNT). In terms of numbers the two companies are quite similar, and were also so in the past, until late 2004 Verint traded at a much higher premium and values than NICE. However, their relative situations subsequently reversed. NICE is now traded at values 30% higher than those of Verint, whereas in 2003 and 2004, Verint was traded at as much as five times the value of NICE. According to the analysts’ consensus, Verint will report a net profit of $42 million on $380 million in sales in 2007. This means a 420% increase in profit, compared with 2004, and a 96% increase in revenue. The share has nevertheless fallen 17% since 2005.

NICE, in contrast, has seen its sales rise 115% over the same period from $224.3 million to $483 million. The company’s net profit will rise 171% from $24.5 million in 2004 to an analysts’ consensus of $66.5 million. The share has risen 140% since the beginning of 2005.

What creates such a difference between the shares of NICE and Verint? Only investors’ confidence in management. It took more than two years for the market to realize that NICE has changed direction, and the premium is the response to the promises made and met. If we look at the multiples predicted for 2006 and 2007 for the two companies, they appear quite similar. It’s true that NICE’s growth rate over the past three years has been higher than Verint’s, but that’s not enough to justify a 17% drop in Verint’s share and a 140% rise in NICE’s.

http://www.globes.co.il/serveen/globes/docview.asp?did=1000137412&fid=1052
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midastouch017 midastouch017 18 years ago
Nice Systems, Amdocs on CIBC's global 47 stock picks
25.9.06 | 17:30 By Shirley Yom-Tov
Nice Systems (Nasdaq, TASE: NICE) and Amdocs (NYSE:DOX) appear in CIBC's global list of 47 recommended companies, published on Thursday.

CIBC has been publishing its Special Research Series since 1975, covering investment ideas in a range of categories. This year, Nice and Amdocs appear under hi-tech alongside the likes of Oracle, Cisco Systems, Motorola, and Texas Instruments.

Nice is covered from New York by analyst Shaul Eyal. His rating for the company is Outperform with a 12-month price target of $34, which is 25% above its present level on Nasdaq. The company's business gained momentum in the second half of the year, Eyal writes, with strong sales of enterprise recording systems for call centers. In the second quarter sales of these systems rose 33% against the same period of 2005 to $73 million. EDS recently chose NicePerform as its standard system for all its service centers around the world.

Nice recently signed 11 new deals, including a CRM agreement with Rogers of Canada.

Amdocs is also covered by Eyal, who set it a price target of $42, which is 7% above its present trading level on the NYSE. Shares in Amdocs, which sells software for customer relations management and billing to phone companies, have risen 45% this year.

Eyal believes that the company's forecast for the year 2007, revenues of $2.88 billion, is highly bullish. Its backlog of orders at the end of the fiscal third quarter stood at $1.96 billion, an increase of $120 million from the end of the prior quarter. Of that amount, $80 million derived from organic operations and the $40 million is anticipated to arrive from Cramer Systems, which Amdocs bought for $475 million in mid-August.

CIBC's SRS list includes stocks that analysts think stand out, primarily because they are underpriced versus their growth potential.

In finances, the list includes the Nasdaq exchange, Goldman Sachs, and the Bank of America.

Industry includes General Electric, Honeywell and United Technologies. Healthcare has Barr Pharmaceuticals, which is a great rival of Teva. That Israeli company isn't on the list.

http://www.haaretz.com/hasen/spages/766812.html
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midastouch017 midastouch017 18 years ago
Nice Systems won't confirm, or deny, report that it's buying Witness
14.9.06 | 12:34 By Omri Cohen
Nice Systems (Nasdaq: NICE) is not denying rumors that it's positioning to buy rival company Witness Systems (Nasdaq: WITS). Naturally, it is not confirming the rumors, either.

"The company does not comment on rumors," it commented unhelpfully to the Tel Aviv Stock Exchange, after a report in Yedioth Ahronoth that it's about to buy rival company Witness for more than $750 million, in a stock and cash deal. That would be a huge, material acquisition for a company whose market cap on Nasdaq is $1.32 billion.

Pressed by TheMarker, the Nice spokeswoman refused to comment. The company's chief financial officer Ran Oz repeated that Nice doesn't comment on rumors, and sought to stress the mistakes that had appeared in the Yedioth article in respect to Nice's business.

"If we have anything to say, we say it," he said. "We run our business and don't respond to speculation. It seems that whoever wrote the article doesn't understand the business," Oz added.

When silence speaks volumes

Non-denial is also a response, sometimes. Two months ago msystems (Nasdaq: FLSH) CEO Dov Moran wiggled out of questions about an imminent merger, and indicated that msystems would remain independent. But he did not explicitly deny the report and shortly after that interview, msystems was bought by SanDisk.

Is here any evidence beyond Nice's non-denial? Yes: one is Nice's aggressive acquisitions policy, and another is its poor record for transparency when it comes to material issues.

Regarding the aggressive acquisitions policy, two months ago Nice, which develops voice and video recording systems for security and customer-service purposes, bought IEC of Richmond for $200 million cash. IEX sells software for manpower management, strategic planning and more. At the same time Nice bought a smaller company, Performix of Massachusettsm for $13.2 million.

Raising money - what for?

As for the transparency issue, Nice has been assiduous about reporting material developments, after the event. But a claim could be made that it's cagey with the whole truth in advance.

For instance, last year CFO Oz was asked about the company possibly raising money: rumors were running rampant. He said that nice was a profitable company with cash flow, and therefore would need a good strategic reason to raise money in any way. "We won't raise money just to sit on a mountain of cash," Oz stated, and lo and behold, three weeks later the company published a shelf registration to raise up to $220 million. In December it raised $213 million.

No, the law does not require Nice to respond to rumors. It doesn't have to answer questions from reporters or the stock exchange. But if it really is maneuvering to buy Witness for $750 million in stock and cash, it would be hugely material to Nice. Its laconic response is far from convincing.

Witness' market cap on Nasdaq is $580 million, after having lost 12% of its value this year. For the first half of 2006 Witness reported a 22% increase in revenues to $106.3 million, and profit of $6.9 million. In the first half of 2005,it had lost $8.8 million.

Incidentally, Witness is delinquent in its regulatory filings and faces potential delisting from Nasdaq. On Wednesday, yesterday, another class action motion was filed against it, for alleged misrepresentations to shareholders based on a stock options scandal.

http://www.haaretz.com/hasen/spages/762764.html
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PennyWorld PennyWorld 18 years ago
Food for thought......

http://www.fool.com/News/mft/2006/mft06080213.htm?logvisit=y&source=eednaslnk0000001&symbol=...
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midastouch017 midastouch017 18 years ago
Nice Systems beat forecasts with $98 million revenues for second quarter

02.8.06 | 15:11 By Shirley Yom-Tov

The stock charts of tech stocks, especially Israeli ones, aren't particularly appetizing these days. Negative sentiment on Nasdaq in general has been sharpened by the fighting in Israel's north and shares in Nice Systems (NASDAQ:NICE) have been no safe haven. But from May it's lost only 9%, compared with double and triple that in the case of other technology companies.

Raanana-based Nice today published its second-quarter results, which explained the relative resilience of its stock. (No, it isn't because Raanana isn't within Katyusha range.) Sales ran high and the company even raised its guidance for the year 2006, spurring its dual-listed share to a 4.5% rise on the Tel Aviv Stock Exchange.

Nice, which sells advanced video and voice digital recording systems, made $97.7 million in revenues, up 35% against the corresponding quarter of 2005 and well above Wall Street expectations of $93.4 million in sales.

Stock options costs were $2.2 million in the quarter. Minus that, and another $1.6 million provision, it netted a record $14.6 million, double its earnings in the same period of 2005.

Earnings per share was 28 cents, beating the Street forecast by 2 cents per share.

Nice CEO Haim Shani said demand had been strong across the board.

About 75% of the company's revenues originated from the civilian sector and 25% from defense, a fast-growing field. In the civilian sector Nice sells recording systems for call and customer service centers, while its offerings for the military and government sectors are mainly multi-camera information recording systems.

For the year 2006 Nice now foresees revenues in the range of $408 million to $417 million, against its prior forecast of $395-405 million. Wall Street has been expecting sales of $406 million for the year.

It expects to net $1.06-1.15 per share for the year, compared with the Street forecast of $1.08 per share.

For the third quarter of 2006, Nice says it expects sales of $108-112 million and earnings of 27-31 cents per share.

http://www.haaretz.com/hasen/spages/745633.html

Dubi
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PennyWorld PennyWorld 18 years ago
News.. not so good..EPS forecasts drops from 2.14 to 2.00

Anyone have a READ on this?

http://www.schwab.wallst.com/alerts/reports/getReport.asp?symbol=NICE&source=multex

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PennyWorld PennyWorld 18 years ago
News...

http://www.schwab.wallst.com/alerts/reports/getReport.asp?YYY20_ty9M1HpQ1xVdrCgepdpLDmDs2IPczdx7pbpt...
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midastouch017 midastouch017 18 years ago
NICE Systems Raises Revenue and EPS Guidance for Q2 2006

Thursday June 22, 6:59 am ET

Conference Call to Discuss Quarterly Results Scheduled for August 2nd, 2006

RA'ANANA, Israel--(BUSINESS WIRE)--June 22, 2006--NICE Systems (Nasdaq:NICE - News), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that it is raising its second quarter revenue guidance to $94 - $98 million, up from the previously announced range of $89 - $92 million; and pro-forma EPS per fully diluted share to be 25 - 30 cents, up from 22-24 cents post split (44 - 48 cents pre split).
NICE's Chief Executive Officer, Haim Shani commented: "We are seeing stronger than originally anticipated market demand for our enterprise interaction and public safety and security solutions. This is driving better-than-expected revenues and bottom line results for the quarter. Given that we are approaching the end of the quarter, we feel comfortable raising our top and bottom line second quarter guidance."

The final results for the second quarter 2006 will be reported in the Company's quarterly earnings release, on Wednesday, August 2nd, 2006. Following the earnings release, NICE management will host a teleconference at 8:30 ET, 15:30 Israel, to discuss the results and the company's outlook for the rest of the year. Please call the following dial-in numbers to participate in the second quarter 2006 call:

http://biz.yahoo.com/bw/060622/20060622005345.html?.v=1

Dubi
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midastouch017 midastouch017 18 years ago
NICE takes nasty fall
NICE Systems CFO Ran Oz: It’s business as usual.

Gitit Pincas 14 Jun 06 16:52

It’s not every day that a stock like NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) falls nearly 10% in heavy trading. In fact it’s pretty rare. All in all, since the company got itself on track, volatility has only been felt over time, and upwards of late. But NICE fell 9.7% on Wall Street yesterday on an especially large volume, while the Nasdaq fell just 0.9%. NICE’s market cap is now $1.1 billion after the fall.
What happened? As usual, when there’s no information, investors grasp any bit of news they can, even if it’s unreliable. Since yesterday, we’ve heard assessments from a number of sources that NICE - like dozens of other foreign companies as well as Israeli ones such as Comverse Technology Inc. (Nasdaq: CMVT), Mercury Interactive Corp. (Pink Sheets:MERQ), and even M-Systems Flash Disk Pioneers Ltd. (Nasdaq: FLSH) - has set up an internal committee to investigate the granting of options at the company.

Other capital market sources say this is utter rubbish, and attribute the drop in NICE’s share to a number of large institutions reducing their holdings in the company. This will be known only for certain in a few weeks, when these institutions send their reports to the US Securities and Exchange Commission (SEC).

Are any of the rumors correct? Why did the share fall?

“I’ve no idea. We are not aware of any developments,” said NICE Systems corporate VP and CFO Ran Oz today. “What you’ve said are market rumors, and we won’t comment about them or deal with them. We’re now on a road show, and we’ll attend a large number of conferences over the next two weeks. We have no intention of changing our plans. As far as we’re concerned, it’s business as usual.”

NICE specializes in multimedia recordings and quality management. The company’s solutions are used to record conversations, supervise and secure dealing rooms, casinos, and airports, and for other security purposes. Insofar as the rumors about an internal inquiry about options were behind part of the fall in NICE’s share, it seems that this is something unsubstantiated, and attributable to Wall Street’s current witch-hunt atmosphere, in which any company can become a convenient target for an options scandal. When the general market sentiment is negative such rumors fall on eagerly receptive ears.

Oz says, “Without referring to the specific rumor about the options, whatever it is, it should be remembered that we held an offering on Wall Street just six months ago. Highly respected underwriters were involved in that offering, and top-of-the-line attorneys conducted thorough due diligence on the company. This was after the various options scandals erupted and Mercury’s leadership was ousted. These scandals worried investors, also option were given special attention. We’re therefore calm.”

In December 2005, NICE raised $201 million its third offering. JP Morgan Securities Inc. and Banc of America Securities LLC acted as joint book-running managers. CIBC World Markets and UBS Investment Bank acted as co-lead managers for the offering and RBC Capital Markets and William Blair & Company acted as co-managers.

M-Systems, run by chairman, president and CEO Dov Moran, is now planning to hold an offering. It seems that during the underwriters’ examination stage, M-Systems decided to review its options, and announced the establishment of a committee for this purpose.

The likeliest reason for the fall in NICE’s share is a sell-off by large institutions. Over the past 18 months, the company’s holding structure has changed. Today, Fidelity Management and Research (FMR Corp.) owns 6.62% of NICE, Fidelity International Ltd (Bermuda) owns 5.92%, and Massachusetts Financial Services Co. owns 8.7%. Investors of this kind naturally increase and reduce their holdings on a regular basis, and it cannot be ruled out that they did so recently.

Published by Globes [online], Israel business news - www.globes.co.il - on June 14, 2006

Dubi
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midastouch017 midastouch017 18 years ago
NICE Systems Splits Stock 2-For-1

Thursday May 18, 7:53 am ET

NICE Systems Announces 2-For-1 Stock Split


NEW YORK (AP) -- NICE Systems, a maker of computerized systems to monitor interactions with customers, said Thursday that its board approved a 2-for-1 split of its common shares and American depositary receipts.
The split will be effected as a 100 percent stock dividend. The Israel-based company said shareholders of record on May 30 will receive one additional ordinary share or American depositary receipt for each held.

NICE expects that the payment date on the Tel Aviv Stock Exchange will be June 1, and payment for ADRs will be on June 6. The ex-dividend date for purposes of trading of the common shares on the Nasdaq and the Tel Aviv Stock Exchange will be May 31.

http://biz.yahoo.com/ap/060518/nice_systems_split.html?.v=1

Dubi


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midastouch017 midastouch017 18 years ago
Lockheed selects NICE product in US aviation safety project
In a multi-million dollar contract, Lockheed Martin will deploy NICE Systems NICE Perform at the Federal Aviation Administration's Automated Flight Services Stations.

Globes correspondent 16 May 06 18:04

Digital recording technology company NICE Systems (Nasdaq: NICE; TASE: NICE) has been selected by Lockheed Martin to supply its NICE Perform product for use in Lockheed Martin's FS21 system used to provide flight services.
The multi-million dollar win is part of a project headed by Lockheed Martin, for which it was selected to manage and operate the FAA's Automated Flight Service Stations (AFSS).

The FAA's Automated Flight Service Stations provide pre-flight weather briefings, flight planning services, in-flight radio communications, and search and rescue services to corporate and commercial pilots in the general aviation community.

Lockheed Martin will implement NICE Perform for monitoring and analysis of telephony voice interactions between pilots and flight service specialists, to ensure compliance and accepted performance levels, as defined by the FAA. AFSS specialists deliver critical weather and security-based flight restriction information to pilots.

Published by Globes [online], Israel business news - www.globes.co.il - on May 16, 2006

Dubi
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midastouch017 midastouch017 18 years ago
Cherchez le CEO
The NICE Systems story shows that management changes in a crisis-ridden company are a signal to watch for.

Shlomo Greenberg

As you know, I have been an investor in Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) since the end of the 1980s and I held onto them even when the man because of whom I invested in Teva to start with, Eli Hurvitz, stepped down. Why didn’t I sell? Because I knew his replacement very well and he fitted the job like a hand to a glove. In recent years, I have taken notice of several Israeli managers who show the kind of greatness that Eli Hurvitz did. The managers I name below certainly demonstrate a level of management the likes of which I have not seen in the past in Israel. So it’s worth sitting on the stocks of companies run by such managers for the long-term. As a rule, I advise you to read the chairman or president’s letter to shareholders that accompanies every annual financial report.
The people I refer to are NICE Systems (Nasdaq: NICE; TASE: NICE) CEO Haim Shani, whose company has been recommended by nearly every analyst and expert around; Alon Israel Fuel CEO David Wiessman; Elbit Medical Imaging (Nasdaq: EMITF; TASE: EMIT) chairman Mordechai (Motti) Zisser; M-Systems Flash Disk Pioneers (Nasdaq: FLSH) president and CEO Dov Moran and Chaim Katzman of Equity One Inc. (NYSE: EQY) of the Gazit-Globe (TASE: GLOB) group.

Today I will look at NICE. The NICE of 2006 is exactly the same company that Haim Shani took over five years ago with a few repairs that he made. Has there been any fundamental change since then? The company is operating in the same fields and the same markets, but today it is thriving. Haim Shani is the difference between the mess of 2001-2002 and today. I took NICE as an example because the case there is so obvious and easy to prove.

Some people claim Haim Shani was simply lucky and that the previous management was brought down by the global crisis at the turn of the century. Haim Shani merely came in and rode the subsequent global recovery. This is incorrect. NICE began to decline immediately following the departure of its founder Didi Arazi, a great manager in his own right. Arazi knew only too well what the demands of tomorrow’s world were and led the company he founded with amazing skill. He then abruptly quit and went off to enjoy life (as he is entitled to do) but once he had gone, the company began to falter, because of its management and not the market. The downslide actually began while times were still good and it continued until Shani came along, regardless of the economic turmoil that was taking place. NICE, therefore, is a classic test-case for management performance.

Haim Shani was previously at Applied Materials and left in 2001 to join NICE just as the company was running into serious problems and the board was looking for someone to the get the ship afloat again. He introduced a long-term strategy, and in the review he attached to the company’s 2001 reports, he noted that the tools at the company’s disposal at the beginning of 2001 were the same as those it had at the end of 2001. These were “an excellent technology and products, a strong blue-chip customer base, an outstanding team of people, and prestigious strategic partners. In addition, our competitive position was improved by strengthening our management team, creating a more appropriate organizational structure, leveraging our professional services capability, lowering our expense profile and improving our working capital management.”

Shani didn’t stop there. “In retrospect, perhaps the most important decision was moving aggressively on all fronts to make necessary changes as quickly as possible, even though the disruption could hurt our short term results. After reporting a substantial loss in the first quarter, we snapped back quickly and made a significant improvement in each subsequent quarter.” Any analyst or investor who bothered to read what Shani wrote and then looked at what happened in 2001 and how the situation began to point towards substantial change and then did the same thing in 2002 would conclude that this was a stock worth investing in heavily, not so much because of the turnaround but more because the person in charge was a man who could deliver.

In 2001 Shani also founded the “Security Group” since, as he noted in his review, business in the security sector was set to pass the $1billion mark. When I read this, I was very sorry I hadn’t read it back in 2002, as I have no doubt that I would have bought the stock, just as I strongly recommend Elbit Systems (Nasdaq: ESLT; TASE: ESLT) today.

In April 2003, after the publication of the report for 2002, the stock price was still only $13, even after rising 50% from the low of October 2002. By the middle of 2003, it had risen to $15-16 and then to $25 by the end of the year. 2003 marked NICE’s “switch to profit” and here again I draw attention to the concluding financial reports for 2003, published around April 2004. Anyone who reads them will notice two things immediately. The first is that all the goals mentioned in 2001 were achieved in 2002, which shows credibility. The second is the optimism about the future. At this stage, serious investors were already beginning to enter the stock.

At that time, I already questioned why NICE was lagging so far behind Verint Systems (Nasdaq: VRNT) in terms of market cap. It would appear that I was still affected by past fears and that I wasn’t as confident about the management as I am today. During the period April - October 2004, NICE fell 20% to $19 a share. It then went up and has continued to do so ever since, reaching a price of $55, a 175% increase on the fourth quarter of 2004.

The case of NICE teaches me several important things that we would do well to remember. First of all, when a company management team is replaced and a manager with a record like that of Haim Shani is appointed, investors must start following developments, quarter by quarter. NICE is a classic case, since from the time that Shani took over, the success in meeting company goals was clearly evident quarter after quarter. Secondly, investors must realize that if a company operates in a growth area, and has the right team under competent management, the chances of success for its shares will rise substantially. Thirdly, after 4-5 years of processes such as these which place the ability of company and management beyond question, the chances of losses will gradually decrease.

In the case of NICE, the only instance in which investors could lose money would be a temporary crisis in the entire market or other factors which neither investor nor management could predict upfront. Therefore, NICE is one the best investments a solid investor could make. The analysts are now rushing to revise upwards their forecasts for the stock, and it would appear from the latest updates that the consensus will be earnings per share of $2.05 in 2006 and $2.5 in 2007. The stock’s current price - $55- is therefore reasonable, providing the investment is made on a long-term basis. In the interests of fair disclosure, I will state that I hold NICE and stocks of other companies that I referred to as having outstanding managers.

Published by Globes [online], Israel business news - www.globes.co.il - on May 4, 2006

http://www.globes.co.il/serveen/globes/docview.asp?did=1000088345&fid=1052

Dubi

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midastouch017 midastouch017 18 years ago
“It’s part of a strategy”
NICE CEO Haim Shani explains the latest acquisitions.

Gitit Pincas 1 May 06 16:51

At the end of 2005, NICE Systems (Nasdaq: NICE; TASE: NICE) raised $200 million on Nasdaq and said the money would be used primarily to make acquisitions. It was obvious that a company like NICE does not need $411.6 million in cash and that it was only a matter of time until the identity of the acquired companies would be revealed. Last week the company reported it acquired two US companies, IEX Corporation, for which it paid $200 million, and the smaller Performix Technologies, for $13.2 million, a price that may increase by $6.2 million, on the basis of certain performance criteria.
NICE specializes in multimedia content quality management solutions. The company’s applications are used in digital recordings, dealing room security and monitoring, casinos, airports and other security-related uses. NICE has a market cap of $1.3 billion on Nasdaq and it has raised its full year guidance for 2006, incorporating the expected contribution of the acquisitions for the second half of the year.

IEX is a wholly owned subsidiary of Tekelec (NASDAQ: TKLC) and has a market cap on Nasdaq of $955 million. It develops workforce management, strategic planning and performance management solutions for the contact center market. Its main flagship product, TotalView, provides a high-end centralized solution that compiles data seamlessly across the enterprise, enabling more accurate and effective forecasting, planning and scheduling. Performix also develops call center solutions enabling effective performance management. The deals are expected to close at the end of the second quarter or the start of the third quarter of 2006.

In a recent interview with “Globes”, NICE CEO Haim Shani said that the acquisitions were part of the company’s plans. “It’s part of our strategy. TCS, for example, was company which appeared on our list of possible acquisitions as did most of the companies we have acquired in recent years. It didn’t just appear from nowhere.” It is therefore likely that IEX was one of the names on NICE’s list of acquisitions at the time of its share issue last year.

”The closure of the two acquisitions within two hours of each other was a matter of planning but primarily a lot of good luck,” says Shani today. “Both companies appeared in our growth strategy plan. We detected upfront the points we wanted to strengthen and consolidate through acquisitions and we informed the market that we would use the money raised for this purpose.” The IEX acquisition was accompanied by investment bank Bank of America, which was also one of the lead underwriters for NICE’s share issue, its fourth. Shani says the talks for the acquisition continued for several months, although the relationship with IEX goes back even further.

NICE believes that it has “redefined the market of contact center business performance & analytics with the acquisitions of IEX and Performix,” and this was the headline of its announcement to investors. “The contact center market is a multibillion dollar market,” says Shani. “If we take a typical call center, its main suppliers will be companies such as Avaya Inc., (NYSE:AV), Nortel Networks (NYSE: NT) and Cisco Systems (Nasdaq: CSCO) which provide the telecommunications equipment. After them will be companies such as Siebel (Nasdaq: SEBL) and SAP, which will provide the customer relations management (CRM) software.

"The next stage is the buying of products and technologies such as systems for digital recording and quality management, voice analysis, and human resource planning and management such as ours. Previously, the entire third line was divided into segments. We can now say that we offer everything within the third line range and anyone who wants to buy call center accessories can get them from a company whose product range covers all his requirements. We can provide a uniform picture of everything taking place in a business.”

IEX posted annual sales of $50 million. In its conference call, NICE also noted that IEX has an EBITDA rate (earnings before interest, taxation, depreciation and amortization) of 40%, or in other words, an EBITDA multiple of 10. It has 1,000 customers and has an overlap of 10-20% with those of NICE. Shani adds that IEX has a growth rate, in excess of 10%. Performix, on the other hand, is a start-up with annual sales of $5 million. The company is, naturally, not profitable, and was acquired by NICE primarily because of its technology.

IEX employs 170 people while Performix employs 40. Shani says that as the choice of acquisitions was not designed to achieve synergy, NICE intends to retain all the employees and management who will continue to lead the current activities.

”IEX brings with it highly profitable operations, and while this was not the sole consideration in our decision to acquire the company, it is still important,” says Shani. “The overlap between our customers and theirs is not large and we will certainly gain new customers in the telecommunications and financial service sectors, to whom we can offer our existing products. In the short term, we have here a good opportunity for cross sales.” NICE defines the companies’ fields of activity as ‘Insight from Interactions.’

Globes: $200 million is a lot of money. How do you know that this is not too expensive?

Shani: “In the software market, a multiple of 10 is very attractive and this is reflected by our guidance to the market, in which we said we expected the deal to add to our top line in 2006. We assured our investors that the acquisitions would deliver profit in the short term and in this market things move very fast. On the basis of the average profit and revenue multiples, we paid a fair price. As regards Performix, this is a start-up which has received substantial investment but is not making a profit so there would be no point in talking in terms of multiples where it is concerned. We bought it mainly for the technology, which has been on the market for some years and is now reaching maturity with a number of key customers.”

NICE believes that if the deals close on schedule, they will add $28-30 million to its top line for 2006, increasing its sales to $395-400 million. The previous forecast was for $367-375 million. NICE expects pro-forma earnings per share to increase to a range of $2-2.12 a share ($43.3-45.9 million), against the previous forecast of $1.9-2 a share.

The acquired companies are both considered leaders in their fields. IEX is a competitor of Blue Pumpkin, which was acquired by a rival of NICE, Witness Systems (NASDAQ: WITS) at the beginning of 2005 for $75 million. Performix competes with Opus Group, which was acquired by Verint Systems (Nasdaq: VRNT) for $12 million.

”IEX is a competitor of Blue Pumpkin but it is twice the size,” says Shani. “They are rivals but with different nuances. I would say that IEX is the sector’s Rolls Royce while Blue Pumpkin came in as middle market player. There is no comparison between the business, product range and profitability of the two companies, since Blue Pumpkin has had sales of around $30 million and has not made a profit. Opus and Performix are not exactly competitors since Opus Group is more of a service company.”

So are in fact these acquisitions the answer to Verint and Witness?

”Not exactly. Our rationale led us to believe that we have an opportunity here to create a new market. We are number one in digital recordings and voice monitoring and analysis, and we now have the umbrella that brings everything together. We think that there is the potential for a large market in contact centers and I don’t think this is Witness’s strategy. It hasn’t mentioned it, even if everything is possible on paper. On the other hand, we obviously understand that things are not static, and if we take the lead in this market, others will follow us.”

Published by Globes [online], Israel business news - www.globes.co.il - on May 1, 2006

Dubi
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midastouch017 midastouch017 18 years ago
Analysts applaud Nice acquisitions of IEX, Performix

01.5.06 | 12:13 By Omri Cohen

Nice Systems (NASDAQ: NICE) is buying two companies, IEX of Texas and Performix of Massachusetts, for $213 million cash, and investment banks spent yesterday figuring out how the acquisitions will impact the Israeli company.

CIBC World Markets and Royal Bank of Canada, which both cover Nice, raised their 12-month price targets for Nice stock and repeated Outperform ratings. Another bank - Friedman Billings - upgraded Nice from Underperform to Market Perform and added a 12-month price target of $50.

The acquisitions sent Nice stock climbing 5.1% to a 5.5 year high of $54.80, well above Friedman Billings' target.

Nice, which makes voice, video and data recording and analysis systems for security applications, said the acquisitions are designed to bolster its leading status in the mk tfor recording solutions.

IEX supplies solutions for manpower management, strategic planning, and performance management at service centers. Nice is paying $200 million for it. Performix handles performance management systems at service centers and cost nice $13.2 million.

Nice expects the acquisitions to contribute between $28 million to $30 million revenues this year. It therefore raised its revenues forecast for 2006 to $395-$405 million.

CIBC raised its 12-month price target for nice from $60 to $68, which is the highest target so far, comprising a 24% upside even after the Saturday night surge.

The CIBC analysts say the acquisitions will expand Nice's basket of products far beyond that available at rival companies, such as Verint Systems (Nasdaq: VRNT) and Witness. It will become the only player able to offer a full, comprehensive package for recording and surveillance, voice analysis, manpower management and performance management, CIBC says.

Nice has made several acquisitions to date that round out its offering in recording technology, including through buying a division of Thales in 2002 and a division of Dictaphone in 2005. If it continues to shop, it will probably seek targets in public security, CIBC surmises.

RBC analyst Daniel Meron says he expects integration of the two new companies to go smoothly, based on Nice's previous experience with mergers. He also predicts that Nice will seek to buy somebody for its public security division.

Meron adds that last year IEX racked up $50 million sales and achieved positive Ebitda amounting to 40% of its turnover. He believes Performix sales were around $5 million.

http://www.haaretz.com/hasen/spages/711636.html

Dubi
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midastouch017 midastouch017 18 years ago
NICE buys 2 U.S. companies
Raanana-based company acquires IEX, Performix for USD 220 million

Ynet

The Raanana-based NICE, which develops digital recording and communication systems, has announced the acquisition of two American companies for USD 220 million.

The company said it signed a definitive agreement to acquire IEX, a worldwide leading provider of contact center workforce management solutions. The company also signed a second definitive agreement to acquire Performix, the pioneer of contact center performance management.

The transactions are subject to the satisfaction of customary closing conditions and are anticipated to close towards the end of the second or the beginning of the third quarter of 2006.

IEX is the leading vendor in workforce management, strategic planning and performance management solutions for the contact center market. IEX’s flagship product TotalView provides a high-end centralized solution that compiles data seamlessly across the enterprise, enabling more accurate and effective forecasting, planning and scheduling. Under the agreement, NICE will acquire the shares of IEX, a wholly owned subsidiary of Tekelec (NASDAQ: TKLC) for approximately USD 200 million in cash.

Performix is the pioneer of contact center performance management (CCPM), an emerging trend in the contact center market. Under the agreement, NICE will acquire Performix for a total purchase price of USD 13.2 million in cash. The Performix purchase price may be increased by up to an additional USD 6.15 million based on certain performance criteria.

http://www.ynetnews.com/articles/0,7340,L-3245375,00.html

Dubi
👍️0
midastouch017 midastouch017 18 years ago
NICE Receives 2006 IP Video Surveillance Competitive Strategy Leadership Award

Thursday April 20, 6:56 am ET

Leading Industry Analyst Frost & Sullivan Recognizes Company's Significant Impact on Video Security Market

RA'ANANA, Israel--(BUSINESS WIRE)--April 20, 2006--NICE Systems (Nasdaq:NICE - News), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that it has received Frost & Sullivan's 2006 Competitive Strategy Leadership of the Year Award for IP Video Surveillance.

This Award is presented each year to a company whose competitive strategy has yielded significant gains in market share during the research period. The Award recipient may have also executed an innovative strategy within the existing competitive landscape, empowering the company to overtake the competition. Frost & Sullivan analysts expect such innovations to produce lasting, precedent-setting trends in the industry.

To determine the Award's recipient, Frost & Sullivan conducted extensive research on the IP Video Surveillance market, including interviews with industry experts, industry participants, and end-users, as well as extensive secondary data research. The Award recipient is ranked number one among all industry participants.

NICE was chosen for its success in achieving significant gains in the market due to superior market strategy, having strengthened its position in the IP video surveillance market by offering market leading home-grown solutions, as well as through a successful acquisition and effective partnerships with channel and technology partners.

Frost & Sullivan commended NICE for the FAST Video Security AG acquisition as having added advanced IP based technology to the company's portfolio, and for having enhanced its presence and distribution channels in NA, EMEA and APAC. Frost & Sullivan also lauded NICE's portfolio of IP based solutions for video surveillance, which include embedded analytics for detecting intruders, unattended luggage, stopped vehicles, and tailgating, for example.

"End-users are demanding surveillance solutions that enable them to take informed decisions rather than applications that simply detect threats. NICE Systems offers Scenario Reconstruction technology to facilitate the end users in identifying an intruder or track the source of a lost bag with a single mouse click. This technology enables the customer to perform context-based investigation, identifying whether the event is suspicious and derive additional information about the suspicious situation," said Sathya Durga, Research Analyst for Frost & Sullivan.

Durga comments, "Through the acquisition of FAST NICE has expanded the breadth and depth of its digital video solutions portfolio, and has become the outstanding participant in IP-based video security solutions." By leveraging the newly extended offering NICE is ideally positioned to become the de-facto choice for organizations seeking to ensure the security and safety of individuals, whether consumers, citizens in public spaces or commuters through mass transit systems, by land or the skies.

About NICE

NICE Systems (Nasdaq:NICE - News) is the leading provider of Insight from Interactions(TM) solutions, based on advanced analytics of unstructured multimedia content - from telephony, web, radio and video communications. NICE is revolutionizing VoIP interactions management with state-of-the-art solutions for IP contact centers, branches, and command and control centers. NICE's solutions are changing the way organizations make decisions, helping them improve business and operational performance, address security threats and be proactive. NICE has over 23,000 customers in 100 countries, including over 75 of the Fortune 100 companies. More information is available at www.nice.com.

http://biz.yahoo.com/bw/060420/20060420005420.html?.v=1

Dubi
👍️0
midastouch017 midastouch017 18 years ago
NICE Systems' record year
CEO Haim Shani on restoring market confidence and possible future acquisitions.

Gitit Pincas 17 Apr 06 13:18

Let us go back a few years to January 2001, when Applied Materials Israel general manager Haim Shani was appointed CEO of NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE), which was in deep crisis. NICE had a glorious past, a dark present and a clouded future.
“Whether by chance or not, this was the third time in my career that I took up a post with problems,” said Shani at the time. “I was given a clear picture of the problems at the company, and I believe that NICE must, and can, recover from its problems. The company has great potential, and its market position will help it grow.”

On a different occasion, Shani said that NICE had the means to stand on its feet and recover lost market share.

“Globes”: Did you really believe those things at the time? The situation was discouraging, and there were few optimists.

Shani: “Of course I believed them. We’re not an ad agency. I meant what I said. My optimism at the time was based on my knowledge of NICE’s markets, its standing and the need for its products. We had thousands of customers then, and our entire management team, myself included, met them to try to figure out where the market was headed. That was a Sisyphean task. All of NICE’s success was due to the wisdom, know-how and experience of the company’s people. For example, our NICE Perform product, launched in 2004, was initiated three years earlier at those rounds of talks with customers. NICE Perform underwent lengthy development that cost tens of millions of dollars and a long time to reach market, but look at the results. That’s why you need a lot of vision in this business.

“It’s hard for me to say precisely what we did to succeed, but it was definitely connected to the fact that the entire management team was focused on the company’s business. We built a fairly new management with experience in different fields, and we focused on operational matters and processes. In this matter, we were helped by a consultancy firm with which we formulated a long-term multi-year plan that brought us to this point. The plan was fulfilled successfully and completely. We recently prepared a new multi-year plan using the same format, and we hope that it, too, will be implemented.”

So, now you can sit back and relax?

“You never relax for a moment in high tech. We keep a constant finger on the pulse, especially as a company that wants to continue to grow. There’s not a moment of rest.”

“No miracles here”

NICE specializes in multimedia recording and quality management. The company’s solutions are used to record conversations, monitor and secure trading rooms, casinos and airports, and for other security purposes. The company’s market cap is $1.1 billion.

Before Shani was appointed CEO, NICE underwent a number of embarrassing incidents. They began with a severe profit warning in late 2000, a few weeks after then-chairman and CEO Benny Levin told shareholders that the company would see growth, belying rumors to the contrary. This was the company’s second profit warning in two years, and came in the wake of a restatement of its results for 2000 caused by incorrect reporting of revenue. The warning also followed Levin’s resignation as chairman. Above all, the profit warning created a crisis of confidence by the capital market. The rumors that preceded the profit warning slashed the company’s share price within a few days, and it continued to slide thereafter.

How do you restore capital market confidence? “There are no miracles here,” says Shani. “NICE CFO Ran Oz simply did a lot of legwork. I sometimes joined him to speak with investors and analysts, explaining our strategy, and providing guidance, which we eventually met. It was nothing glamorous. Ran would get on a plane, get off, make another connection, meet investment institutions and analysts, and return. It was a lot of hard work.”

Oz says, “After a while, we had more serious talks with American and other investment institutions. Some of them could name every company in our sectors, but didn’t know NICE, even though we were number one in some of these sectors. We had no such problems on our last road show. I think that investors now know that we’re a transparent company; we’re in contact with them, and we’re building trust. We can report the results we predicted, quarter after quarter. We draw them a picture, and while not everyone will ultimately invest in the company, that’s OK; we’re satisfied with less than everyone.”

It’s impossible to talk about NICE’s recovery period without mentioning the takeover attempts. Then, as now, NICE has a lot of cash, and its shares a held by a great many investment institutions, very few of whom are parties at interest. Only six months after Shani’s appointment, Polar Investments Ltd. (TASE: PLR) (then Poalim Investments) and Koor Industries Ltd. (NYSE: KOR; TASE: KOR) tried to take over the company, and Koor became a party at interest in it. There was a lot of criticism, the takeover difficult, and was ultimately dropped. Even now, Shani doesn’t want to talk about takeovers. “It’s not a subject we deal with. Naturally, it’s more relevant during hard times, and so long as we’re successful, we’re not bothered by the matter. In any case, let’s move on.”

NICE’s growth, rising profitability, and jump in market cap are all noteworthy, especially when one remembers that the company was once up to its neck in the mire. The company predicts $367-375 million revenue for 2006, and pro-forma earning per share of $1.90-2 ($41.1-43.3 million). Revenue has grown by an average of 48% a year in 2001-05, and the share price has climbed 260% since the profit warning of February 2001. In other words, anyone who believed in NICE in 2001 has done very well.

Future growth engines

Shani’s carrier includes stints at Orbotech Ltd. (Nasdaq: ORBK) and Applied Materials Inc. (Nasdaq:AMAT). He says he sees parallels with NICE. “Both Applied Materials and Orbotech are global companies, although Orbotech is a fraction of the size of Applied Materials. They both focus on combining technology with marketing, they both try to be number one, and lead in investment in technology. There’s a reason why they’ve been industry leaders for years. I learned from Applied Materials president emeritus Dan Maydan and Orbotech CEO Yochai Richter how to focus on markets, products and auditing, and apply the lessons at NICE.”

2005 was a record year for NICE, and 2006 promises to be better. As noted above, the company predicts $41.1-43.3 million on $367-375 million revenue for the year. What’s next? What will drive the company’s subsequent growth?

“We have a number of growth engines,” says Shani. “The first is enterprises’ need to meet new regulations. The cost of an error in this area is high.”

Shani is referring to the 2003 US national Do Not Call Registry, under which consumers can register to avoid telemarketers and pollsters. A company that calls a person in the registry will be fined. Companies use recordings of these calls to protect themselves from lawsuits, and companies have complete records of all outgoing calls.

“Our second growth engine is the VoIP revolution,” says Shani. “Anyone who lives on a budget who has Skype, for example, knows how important it is for making calls. This opens a new direction for us for recording calls not only at central branches, but also by agents and smaller branches.”

Shani says insurance companies and banks will record calls made from headquarters, but not those made by agents or from various branches, because of the high cost. The cost of recording and storing VoIP calls, even calls between branches, while managing them centrally, is not high.

Shani says a third growth engine is the trend towards outsourcing, especially to India and the Philippines. “Regardless of politics, and whether this is a good thing or not, it’s an additional business. Many companies set up English-speaking customer support teams in these countries. It is vital that these calls are monitored and supervised and that the call centers meet the standards the companies apply in the West. We help them do this.”

A fourth growth engine in security. Municipalities and national governments want to better protect citizens against terrorism and crime in general in city centers.

Without sounding cold, you expected more from the security market in the wake of 9/11.

“True, but with reservations. We didn’t expect that all security systems would utterly change. If someone thought so, it was a pipe dream. On the other hand, there’s the challenge of civil defense. The process is happening, we weren’t wrong about that, but the pace is slower; there’s no quick fix. We didn’t think there’d be a magic solution.

“I remember that after 9/11, at a security conference in Las Vegas, I met executives of a then-popular company that was developing facial identification software. There were stories on CNN at the time that if Bin Laden were to ride the subway, these products would identify him. I watched the company’s demo, and later worked on image processing for quite a few years at Orbotech and Applied Materials, and thought to myself that it had no chance of becoming significant. I thought toys [using the technology] might be sold here and there, but nothing on a large scale. Nevertheless, the company’s share soared at the time, and the hype was huge.

“In 2001, when were about a third of what we are now, we decided to focus on security, among other things, and on video. That’s starting now. A contract like the one we signed with the Baltimore municipality didn’t happen the day after 9/11, but last year. This might be bad news, but the good news is that it happened.”

NICE’s main competitors in the civilian market are Verint Systems Inc. (Nasdaq: VRNT), Witness Systems Inc. (Nasdaq:WITS) and General Electric Company (NYSE:GE) following the latter’s acquisition of Dallmeier Electronics GmbH. In the security and emergency services sector, NICE”s main competitors are Verint, Mercom Systems and ASC Telecom.

When asked about Verint, Shani replies, “It’s an important player, and I don’t want to insult them, but there are others.”

Israel’s Verint, with a market cap of $1.1 billion, is an old-time competitor of NICE, and there have been plenty of rumors about a merger between the two.

How much overlap is there between NICE and Verint?

“We divide the market differently, so I can’t be sure where we overlap today, but it’s certainly not 100% as is sometimes thought.”

Would it be correct to estimate the overlap at 30%?

“I really don’t know, and I don’t think about it.”

”Acquisitions as strategy”

One of the truly astonishing things about NICE”s balance sheet is its $411.6 million in cash, an immense amount that allows the company to make more acquisitions. In late 2005, NICE raise $200.1 million, and it was believed at the time that the money would be used to acquire a specific company, but that the matter was subsequently dropped.

“I don’t know who thought that,” says Shani, “but part of our growth to date has been through acquisitions, and we’ll make more. Future acquisitions will be in the same format as our acquisitions of Thales Contact Solutions (TCS), Fast Video Security, and Dictaphone’s Communications Recording Systems (CRS) business. In other words, acquisitions in both the civilian and security sectors will be on the basis of customers, technology, or distributors. We’re constantly accumulating experience, and the more we do, the more we learn and the better we get.”

Shani says acquisitions, including specific inputs, are part of the company’s plan. “This isn’t something opportunistic because I met someone during a flight. It’s part of our strategy. TCS, for example, was a company whose name appeared in our business plan as a possible acquisition target. The same is true for most of the companies we’ve acquired in recent years. It just didn’t suddenly pop up.”

What’s your vision?

“To be a market leader through solutions for the capture, management and analysis of raw multimedia data in every medium: radio, telephone and VoIP, and to improve enterprises and governments’ business performance to better protect people. We have substantial growth potential in all our areas of business. The fact that neither you nor I have an immediate interaction when we call a customer service center, and dissatisfaction is often measured in time, shows that our vision is rich enough and will fill our activities with content for a long time to come. It will enable the company to achieve growth, profitability, and a higher market cap.”

NICE will publish its financial report for the first quarter of 2006 on May 10.

Published by Globes [online], Israel business news - www.globes.co.il - on April 17, 2006

Dubi
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midastouch017 midastouch017 18 years ago
Beijing Metro Selects NICE's Next Generation Security Solutions to Enhance Safety and Security at More Than 20 Stations

Monday April 17, 7:01 am ET

Company's Advanced Real-Time Digital Video Solution to Be Deployed in Preparation for the 2008 Olympics

RA'ANANA, Israel--(BUSINESS WIRE)--April 17, 2006--NICE Systems (NASDAQ:NICE - News), the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that it has been selected by Beijing Metro to supply its next generation security solutions to help enhance the safety and security at more than 20 stations of the city's subway system. Following mounting security concerns worldwide and in preparation for the 2008 Olympics, this project is part of Beijing's massive campaign to upgrade its subway system's security network.

All stations connected to the security system will be monitored from the station monitoring room and from the central command and control center, giving security personnel the power to identify risk, make optimal decisions, and take action that improves security.

NICE's advanced real-time distributed digital video solution will spot suspicious packages left behind on a crowded subway platform and automatically alert security personnel. The solution will also be utilized to automatically detect unauthorized entry into secured areas. The result is a better control of potential threats and enhanced commuter safety.

"We are very excited to be a part of this important project and deliver Insight from Interactions to help increase the security of Beijing's mass transit system," said Doron Ben Sira, President of NICE APAC. "This project is the latest in NICE's history of supplying advanced security solutions for internal security. We already have a strong track record for supporting large city centers and their transit systems all over the world, and are becoming the de-facto choice for governments seeking to ensure the safety and security of commuters."

About NICE

NICE Systems (NASDAQ:NICE - News) is the leading provider of Insight from Interactions(TM) solutions, based on advanced analytics of unstructured multimedia content -- from telephony, web, radio and video communications. NICE is revolutionizing VoIP interactions management with state-of-the-art solutions for IP contact centers, branches, and command and control centers. NICE's solutions are changing the way organizations make decisions, helping them improve business and operational performance, address security threats and be proactive. NICE has over 23,000 customers in 100 countries, including over 75 of the Fortune 100 companies. More information is available at www.nice.com.

http://biz.yahoo.com/bw/060417/20060417005389.html?.v=1

Dubi
👍️0
midastouch017 midastouch017 18 years ago
NICE Systems Schedules Conference Call to Discuss First Quarter 2006 Results

Monday April 3, 6:57 am ET

RA'ANANA, Israel--(BUSINESS WIRE)--April 3, 2006--NICE Systems (NASDAQ:NICE - News) the global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) to drive performance, today announced that it plans to report its first quarter 2006 financial results on Wednesday, May 10, 2006.
Following the earnings release, NICE management will host a teleconference at 8:30 ET, 15:30 Israel, to discuss the results and the company's outlook. Please call the following dial-in numbers to participate in the first quarter 2006 call:

United States +1-866-860-9642

International +972-3-918-0610
Israel +972-3-918-0610

This call will be webcast live on http://www.nice.com. An online replay will also be available approximately three hours after the call. A telephone replay of the call will be available for 72 hours after the live broadcast, and may be accessed by dialing:

United States +1-866-276-1485

International +972-3-925-5930
Israel +972-3-925-5930

About NICE

NICE Systems (NASDAQ: NICE - News) is the leading provider of Insight from Interactions(TM) solutions, based on advanced analytics of unstructured multimedia content -- from telephony, web, radio and video communications. NICE is revolutionizing VoIP interactions management with state-of-the-art solutions for IP contact centers, branches, and command and control centers. NICE's solutions are changing the way organizations make decisions, helping them improve business and operational performance, address security threats and be proactive. NICE has over 23,000 customers in 100 countries, including over 75 of the Fortune 100 companies. More information is available at www.nice.com.

http://biz.yahoo.com/bw/060403/20060403005610.html?.v=1

Dubi
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midastouch017 midastouch017 18 years ago
>>Nice Systems advanced by 2% after a mention by stocks
guru Jim Cramer on his show, Mad Money.
In the context of homeland security, he talked about
the Israeli company as a leader in VoIP recording systems.
Every time you call a company and hear that the conversation
is being recorded, that's where Nice comes in, he said.>>

http://www.haaretz.com/hasen/spages/695124.html

NICE is a dually traded stock, both in TASE & the NAZ.
Volume is much higher in the NAZ, hence the price leader
is there, and TASE follows and adjusts accordingly.
This quote from Haaretz is from Thursdays trade, prior to
yesterdays Naz trading

Dubi




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midastouch017 midastouch017 18 years ago
Hi EB,

Nope, no shareholder unfortunately :(

A good healthy robust company, excellent
management, after Cramers 'dust' settles
down, an entry in the $50 range cannot
go wrong.

Regards,

Dubi
👍️0
eagerbeaver33 eagerbeaver33 18 years ago
This was the quote I was trying to think of:

THE BOTTOM LINE!: YOU WANT TO GET TOUGH ON TERROR? YOU BETTER GET NICE!

EB33
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eagerbeaver33 eagerbeaver33 18 years ago
Thanks for starting this board, midas.

As cramer struggled to put it "correctly," when the next terror attack hits, NICE owners will be making "mad money."

Are you a share holder? I don't own any shares, but am very interested, just not sure when would be a good time to buy, now that cramer has once again hyped another stock...

EB33
👍️0
midastouch017 midastouch017 18 years ago
Recent headlines,

Wed, Mar 15, 2006
• Cramer's 'Mad Money' Recap: The Patriot Act's NICE Benefits
at TheStreet.com (Wed 7:38pm)
Tue, Mar 14, 2006
• NICE Announces the Next Generation of Active VoIP Recording Solutions
Business Wire (Tue, Mar 14)
Tue, Feb 21, 2006
• NICE Systems Ltd. [NICE] CEO and CFO to Ring The NASDAQ Stock Market Opening Bell
Market Wire (Tue, Feb 21)
Wed, Feb 8, 2006
• A NICE Pile of Cash
Motley Fool (Wed, Feb 8)
• Nice Systems 4Q Profit Up on Tax Benefit
Associated Press (Wed, Feb 8)
• Q4 and Fiscal Year 2005 NICE Systems Earnings Call scheduled for 8:30 am ET today
CCBN (Wed, Feb 8)
• Q4 and Fiscal Year 2005 NICE Systems Earnings Release - Before Market Open
CCBN (Wed, Feb 8)
• Nice Systems, Nice Quarter
at TheStreet.com (Wed, Feb 8)
• NICE Systems Fourth Quarter and 2005 Results Set New Records
Business Wire (Wed, Feb 8)
Tue, Feb 7, 2006
• Nice Systems downgraded by Deutsche Securities
Briefing.com (Tue, Feb 7)
Mon, Feb 6, 2006
• NICE and Avaya Extend Alliance to Deliver IP-based Contact Center Solutions to Businesses
Business Wire (Mon, Feb 6)
Wed, Jan 18, 2006
• Corum Leads Sale of FAST Video Security to NICE Systems
PR Newswire (Wed, Jan 18)
Wed, Jan 11, 2006
• Analyst Firm DMG Names NICE Systems #1 in Quality Management and Liability Recording
Business Wire (Wed, Jan 11)
Thu, Jan 5, 2006
• Israeli stocks slump after Sharon suffers stroke
at MarketWatch (Thu, Jan 5)
• Israel Stocks Hit on Sharon Hospitalization
at TheStreet.com (Thu, Jan 5)
Tue, Jan 3, 2006
• NICE Systems Announces Fourth Quarter and Year End 2005 Earnings Release and Conference Call Schedule for 2006
Business Wire (Tue, Jan 3)
Mon, Dec 19, 2005
• Motorola, NICE Video Surveillance Goes Wireless
PR Newswire (Mon, Dec 19)
Mon, Dec 12, 2005
• Red Herring Announces Inaugural Red Herring Small Cap 100 List
Market Wire (Mon, Dec 12)
Thu, Nov 17, 2005
• A Nice, Fast Transaction
TheStreet.com (Thu, Nov 17)
• NICE Systems to Acquire FAST Video Security AG - Call scheduled for 10:00 am ET today
CCBN (Thu, Nov 17)

http://finance.yahoo.com/q/h?s=NICE

Dubi

👍️0
midastouch017 midastouch017 18 years ago
Cramer's 'Mad Money' Recap: The Patriot Act's NICE Benefits

By TheStreet.com Staff
3/15/2006 7:38 PM EST

"I have been waiting to go nuts on the Patriot Act for such a long time ... not politically, but I love this legislation," Jim Cramer told viewers of his "Mad Money" TV show Wednesday.

"I love spying. I love surveillance," Cramer said. And that's because he believes there's money to be made now that many provisions of the Patriot Act have been made permanent.

Now that we can record, wiretap and video tape everyone in America, how will we keep track of all that information? NICE Systems (NICE:Nasdaq - commentary - research - Cramer's Take) is how, says Cramer. The company specializes in exactly what we need in these times, he said, because it takes loose, unstructured data and analyzes the information until it turns into something useful.

If the government is tapping your phone to determine if you're planning to blow yourself up in a public place, Cramer said, NICE will pore through your phone calls and pull up the relevant data if there are any.

These are the spy bureaucrats, he said, and they also make state-of-the-art command and control centers.

Plus, the company is the only voice-over-Internet-protocol play Cramer can get behind because it's one of the very rare plays in the VoIP sector that is actually profitable. And since Internet phones are cheaper than land lines, he wouldn't be surprised if companies switched over and NICE profited from the move.

He also said that the company is the leader in recording voice-over-Internet conversations. Every time you hear "This call may be monitored to ensure quality," he said that's NICE at work.

http://www.thestreet.com/_yahoo/funds/madmoneywrap/10273834.html?cm_ven=YAHOO&cm_cat=FREE&cm...

Dubi
👍️0

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