Advent Software possesses strong growth potential, with a very large untapped potential market for its core Advent Office products and its high-end Geneva offering as well as strong recurring revenue from Rex, its Internet-based automated reconciliation application. We also believe Advent is finding success increasing its market share as well as closing multi-product sales. We reiterate our BUY rating.

In June, Salomon Smith Barney Equity Prime Brokerage signed up for Geneva. And Advent is

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