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Technology Stocks : Open Text
OTEX 37.87-0.7%Oct 30 3:59 PM EDT

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To: HVN who wrote (1123)4/29/1999 6:59:00 PM
From: Michael Watkins   of 1195
 
HVN, I agree. You have to wonder what their real game is.

Is it:

- just make life uncomfortable for PC DOCS (HUMC vote coming)
- take the shine off of any progress PC DOCS may be making (quarterly results coming out shortly, new applications and a big launch in May)
- drive prices down? (withdraw the offer / offer rejected)

They have people on the board that have done this acquisition thing before. Its a game they are playing, guessing what their expected outcome is, now before the fact, might have some $ attached to it.

Looking forward to the outcome and to learning who has underestimated who.
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