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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Steve Valliere who wrote (2083)7/23/1997 12:50:00 PM
From: Stefan Gruenwald   of 3529
 
Dear Steve:

I agree. I personally consider SYSF quite undervalued at these levels. They thought that they can license their system analysis software out to a lot of PC manufacturers (like DELL) which obviously didn't happen as quickly as they thought. I looked at the stock when it was $11 last year, saw it going up under considerable hype to $36 after a 1:2 split and then falling back to $7 levels. Currently, they seem quite forgotten and need a kick to start moving upwards. At one point MSFT was interested in buying them but this rumor also ceased. I think that long term prospects are really good and my target price for SYSF within the next 6 months is around $20. Good medium to long term play with little downside.

Just my 2 cents.

Stefan
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