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Technology Stocks : ObjectShare (OBJS)

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To: Jatin Kadakia who wrote (100)9/4/1997 10:13:00 PM
From: Mike O'Hearn   of 185
 
According to the latest Annual report, there were 180 employees as of year end last March 31. Annual revenue was $37 million.

FWIW, I've traded PARQ a few times over the past year or so, was fortunate to be out when they took the big hit. I got back in today at 1 3/16, both because I think they can be profitable eventually, now that expenses are getting in line, and because they really do have a good technology base in Smalltalk, and OO development.

Great product, poorly marketed. But new management seems to be cleaning things up. Time will tell.

Name change to Objectshare is a good move, in my opinion. Among the small group of smalltalkers I know, Objectshare has (had?) a wonderful reputation. Objectshare has had a Java product out now for at least a year, "Parts for Java". Its in version 2.0. Decent review in PC/Week within last month or so.

Mike
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