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Technology Stocks : Open Text

OTEX 34.26

-1.6%

3:59 PM EST

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To: Tyler Lawton who wrote (481)	4/4/1997 11:26:00 AM
From: Brian Fuller	of 1195

The obvious one is regarding the stock options ... I think the point to make is that granting options at below market prices is unheard of in US.. What is companies philosopy and how did it come up with the number. I think the other thing it would be interesting to get some light shed upon is the comanies philosphy in making press releases. Realistically there are two ways to go; a company either makes a press release for any new sales (or new customers) or a company makes a press release for important new sales (or customers). As I've pointed out before on this thread, under either scenario the company looks to be having a very poor quarter...although I like the BAH announcement. They seem to have really lost momentum from a business sense since the fourth quarter. Thanks Tyler

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