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Technology Stocks : Open Text

OTEX 33.67

-1.8%

Nov 14 3:59 PM EST

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To: Sirius Pointer who wrote (473)	3/27/1997 6:52:00 PM
From: Tyler Lawton	of 1195

<<So why pick up OTEXF at the current price ?>> I feel that the current price is based on a lack of accurate information about the company, the Intranet market, the Livelink product, the direction that management is taking Open Text, and the financial situation of the company. Perhaps because we are a "showroom" customer, Open Text has put a lot of effort into enlightening us about these issues. As soon as the investment community catches up, I feel the stock will have a higher valuation that reflects a more accurate interpretation of the facts. The question in my mind is what is that valuation. What is your opinion on their valuation if they turn a profit this year?

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