revenues moving forward. The company integrates software and processing solutions primarily for financial services institutions and serves three market segments: investment support systems, availability services and higher education, and public sector systems. “We expect demand for SunGard’s back-office systems and software products to increase as financial service companies try to update and improve their capabilities,” says McKissack.
ERIC MCKISSACK’S Stock Picks
| Company (Exchange: Symbol) | Price* | 12- to 18 Month Price Target | P/E on Projected 2005 Earnings | Est. 5-Yr. Annual EPS Growth Rate | Why Stock Will Outperform |
| Interface Inc. (NASDAQ: IFSIA) | $9.96 | $14.00 | 22 | 15% | The commercial building sector is expected to increase, and Interface should pick up business in this area. |
| Markel Corp. (NYSE: MKL) | $310.50 | $450.00 | 12 | 14% | Markel is expanding its insurance services in specific markets. |
| Sybron Dental Specialties Inc. (NYSE: SYD) | $34.11 | $40.00 | 19 | 12% | Sybron should benefit from a growing elderly population and an increase in younger adults seeking cosmetic dental work. |
| SunGard Data Systems Inc. (NYSE: SDS) | $26.23 | $36.00 | 17 | 15% | SunGard should pick up business from the financial services sector as it upgrades its business systems. |
| Source: Eric McKissack, Channing Capital Management* As of Nov. 22, 2004 | |||||