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Jan 31, 2001

Zion Bound

Dual listing for Israeli companies

Israel is well-known for patriotism. So how is it that so many of the country's best and brightest companies bypassed the Tel Aviv Stock Exchange in favor of listing on US markets? In fact Israelis were proud of their high-tech corporate progeny achieving such high-flying success in the States, even as the domestic capital market suffered through thin trading volumes and low valuations. But now the winds of Zionism are blowing strong, and US-listed Israeli companies are being drawn home to

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