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CFI's software revisions point to a rosier future.(CFI ProServices Inc.)

Business Journal-Portland

| April 24, 1998 | Goldfield, Robert | COPYRIGHT 1985 Business Journal of Portland, Inc. (Hide copyright information)Copyright

Product reformulations complete, CFI ProServices Inc. is off to the races.

The Portland maker of software for banks beat analysts' earnings estimates for two consecutive quarters, propelling a resurgence in the company's common stock. Trading as low as $10.62 in December, shares of CFI have jumped 67 percent to $17.75.

Already starting the year with improved sales, CFI received an extra dose of good news this month when NationsBank and BankAmerica Corp. said they would merge. The Portland company's largest sale occurred in late December when NationsBank licensed CFI's updated loan documentation program, called Laser Pro. The merger means the software will be …

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