Open Text 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 : Open Text

OTEX 33.95

-1.0%

12:19 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: White Shoes who wrote (464)	3/26/1997 8:45:00 AM
From: Brian Fuller	of 1195

I guess I am not at all surprised that the stock tanked on this announcement and I don't understand what they were intending to accomplish. After months of no significant sales news they create a press release over a nothing sale. 100 seats will amount to maybe 20-30k revenue, 500 seats maybe 100-150k. If this is a 'big' sale for the quarter then we are all in deep do-do. Any thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next