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Gold/Mining/Energy : Canadian Technology issues
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To: Vartan who wrote ()3/24/1996 5:27:00 AM
From:    of 640
 
Vartan: Open Text Corp. as you know has been going up steadily over the past week, as a result of the publicity generated by Yahoo! and Lycos going public, as well as the buy recommendations issued by both Montgomery Securities, and Punk Ziegel & Knoell.

What is the word on the street, as well as the broker community, as to how high this stock will go?

I think it will go up to the USD 30 dollar range in the coming weeks.

Also, do you know what the earnings projections for the latest quarter, ending on March 31, 96 are? What are the analysts estimates, and do you think the company will be able to produce according to these estimates?

Any information that you can provide with regard to the above items will be highly appreciated.
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