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Technology Stocks : PERVASIVE SOFTWARE (PVSW)

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To: Lane Hall-Witt who wrote (276)12/10/1999 2:08:00 PM
From: Nice Guy  Read Replies (1) of 529
 
Thanks, Lane. Meanwhile I have a few comments that may be worth sharing. In two words, DON'T SELL!! Briefly, despite the huge volume today most retail investors do not know as yet that PVSW is a Linux play. They'll probably find out later today or tonight when PVSW gets the usual performance write ups, TV mentions, and so on. But more importantly, Tango 2000 for Linux is a one -of-a kind application. In short, there is no other Linux application that can do what Tango 2000 can. In this respect, Tango 2000 resembles Corel's Word Perfect application since each is the only like product available to users of a Linux OS. The potential for earnings here is huge, largely because once Linux OS users buy or lease Tango 2000 , they are not likely to switch to a similar product that may reach the market later on. In a nutshell, it is usually too much bother to do so . In this sense, getting to the market first is a huge advantage for PVSW. All of this Linux stuff aside, and has been mentioned by Lane and others here, PVSW was hammered, unfairly I think, last Oct. As usual, the market misinterpreted the CEO's comments, transformed them into an earnings warning, and over reacted. Withal, PVSW was hopelessly undervalued long before anyone ever uttered the word "Linux". In this sense, Linux is just a little gravy for our rib eye steak. Withal, I urge everyone to be patient. I think we'll see this stock double almost overnight. My provisional short term target is 30, and I think we'll see it by the EOY. BJ
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