Santa Cruz Operation (SCOC) Going Up? Message Board

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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?

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To: KipferlMeister who wrote (393)	9/9/1999 11:03:00 AM
From: kumqwatt	Read Replies (1) of 656

I found more info on SCOC yesterday. 13% owned by Microsoft, and 14% owned by Novell... pretty good company to be in. Also, positive cash flow in most recent quarter, improving revenues and margins for 3 straight quarters, and 4 straight quarters of beating the analyst estimates. Only 2 analysts following the company which I like (under covered) and they both have hold ratings... which I also like because it means they can only upgrade to a buy from here (contrarian thinking). Insiders hold about 20% of the stock as well which is a good indicator. They are a small company with a long track record and in a potentially explosive market, well positioned to benefit. I have established a year end target of $18 per share based on 30 times 9-2000 estimates of 60 cents per share profit. These estimates are probably too low on profits... but I like to stay conservative. Purchase the shares now,

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