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Technology Stocks : Open Text
OTEX 38.33+1.2%Oct 31 3:59 PM EST
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To: Michael Watkins who wrote (1027)2/1/1999 10:02:00 AM
From: LAURIE SELINE  Read Replies (1) of 1195
 
Michael:
I think we agree that consolidation is inevitable because, at a certain point, the cost of marketing one's wares does impact on the bottom line.
The other way to grow is to blow the category out laterally. There, it is my personal belief that OTEXF is best qualified to move beyond single-minded DM.
If the stock trades at a premium to its competitors, as it has recently, it is in consideration of the larger picture.
It's also important to remember that OTEXF's 52 week low is $10.
We all take profits sooner or later.
Regards,
L.
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