Israeli shares on Wall Street are trading mixed at the opening of Tuesday's session. The Nasdaq is up 1.6%, and the Dow Jones has risen 0.2%.

RadVision

(Nasdaq:RVSN) has plummeted 16%. The company released its results for Q4, 2000 before today's opening. The firm beat analyst forecasts with an EPS of 10 cents against analyst forecasts of 9 cents per share. It also beat sales forecasts, but its sales projection for 2001 is much less promising than originally expected.

RadVision specializes in the management of IP-based video and voice files. The company's sales in 2000 reached $45.9 million. The firm's management admits that demand for its products in 2001 is far lower than expected and projects sales will grow by only 50% to $68.9 million. This is bad news for investors and analysts who had forecast that the company's sales in 2001 would reach $86.9 million.

The company did not allude to its expected 2001 earnings in its financial reports, but it is hard to believe that RadVision's earnings will come close to the forecast EPS of 81 cents, or $18 million.

RADWare

(Nasdaq:RDWR), another company in the RAD-Binat group, is also losing ground. Its shares have dropped 8% despite its having released good results for Q4 of 2000. RADWare's revenues hit a record of $12.3 million, which is 145% higher than its revenues in the fourth quarter of 1999, and 10.8% more than in its third quarter of 2000.

The company's net profit reached $2.08 million, which is 15% more than forecast by investment house

Merrill Lynch

(NYSE:MEL). RADWare's EPS for the quarter came to 12 cents, 2 cents above analyst forecasts. In the fourth quarter of 1999, RADWare's earnings totaled just $517,000. The company's market value is $360 million.

Tomorrow RadVision's rival

Accord Networks

(Nasdaq:ACCD) is to release its results for its fourth quarter of 2000. It is likely that the company is also suffering from the slowdown reported by RadVision. But Accord investors are not likely to be as affected since the firm is soon to complete a merger with the American-based company Polycom (Nasdaq:PLCM). The recent drop in Accord shares is being attributed to the losses posted by Polycom. Accord shares are currently up 3.4%.

Boston Scientific (NYSE:BSX) is expected to release its financial results for Q4 of 2000 after trade today. Investors await an announcement about buyout negotiations conducted with the Israeli firm Medinol. Yesterday a Medinol source told Reuters that it is unlikely that the deal will be closed today. Other reports say that the negotiations have failed, and there is even talk about Medinol filing a huge claim against Boston Scientific. Boston Scientific shares are currently trading up 0.1%.

Tioga Technologies (Nasdaq:TIGA) has fallen 7.7% to $2.6 and

Check Point Software Technologies

(Nasdaq:CHKP) has lost 2.3% to $143.5.

At the close of trade today

Cisco Systems

(Nasdaq:CSCO) is due to release its financial results for its fourth quarter of 2000, which is Cisco's second quarter for the fiscal year. Cisco shares are currently up 3%. Cisco President and CEO John Chambers is to hold a conference call after trade today and investors are waiting to hear the firm's growth forecast for 2001.