Documentum (DCTM) Software Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Documentum (DCTM) Software

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Watkins who wrote (357)	1/19/1999 4:25:00 PM
From: Wizard	Read Replies (1) of 600

The only reason to go up is the conference call on thursday after the market close. until then I have no idea what will happen but I think it will go up after that call. The stock trades wildly as it did last year when it went from $60 to $20 during the last panic before finishing the year above $50. I think fair value based on 1999 earnings is somewhere in the mid-$40's but fair value doesn't mean much unless investors are confident in the future and investors currently aren't. The stock could just bounce around until the second 1/2 of the year and then miss a quarter and go to $10. I wouldn't load up on any small cap software company for this reason (except for a trade). I think there will be a good short-term trade in DCTM from the $20's pre-conference call...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next