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Technology Stocks : OSFT - Objectsoft
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To: KZAP who wrote (512)6/16/1999 1:55:00 PM
From: Lbags  Read Replies (1) of 694
 
I think the recent decline in the stock is due in part to the overall nervousness in the market. Today's rally will restore some confidence. Volume has been extremely light. A lot of 100-500 share trades. This to me indicates the small speculative investor getting out. Like a previous poster noted, the stock is moving from weak hands to strong.

The recent 1 year contract with Blockbuster (New York) was very encouraging. This is an indication of acceptance of the kiosk concept by a name player. Hopefully this will lead to additional franchises signing on.

E-mailed IR. They too are as puzzled with the stock performance.

Is this the bottom? If it's not, we're certainly close. Strongly believe our patience will be rewarded.

Good luck.
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