Objective Systems Integrators - Check this one out! Message Board

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Technology Stocks : Objective Systems Integrators - Check this one out!

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To: Ken Stephens who wrote (571)	4/1/1999 1:31:00 PM
From: Mahesh	of 599

Ken, Interesting exchange of ideas there. This stock was originally priced at 13 by investment bankers when it was going IPO, was repriced to 19 and opened on the IPO with more than a 100% gain. They had less people on staff and less sales at that time. But perception is what drove the stock price. Over the last two years, I would say reality has set in. But perceptions can change and this stock could once again touch 54, however I am not betting on it. After this stock came out as an IPO, I have continuosly shorted the stock even when Morgan Stanly rated it a "Strong Buy". What else could I expect from MS, they were taking them public. Perceptions may move the price for a while, eventually the stock will trade based on fundamentals and business models. If this stock goes from 5 to 10, you would have doubled your money and that can happen with this stock. But based on the business they are in, I would say they are trading at about the right point and I am not bullish about the business they are in. I am familiar with the product and am in telecom field.

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