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Technology Stocks : PC DOCS GROUP (DOCSF)

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To: Sultan who wrote (692)9/17/1997 9:11:00 PM
From: UNOO   of 910
 
In theory the idea is good. But don't forget,(how could you?) based on this management's track record, they might go ahead and do something really stupid with that cash.(i.e. Make an acquisition of some other dog company.) I remember someone's post a way's back that they had spoken to Ian Reece and he had something up his sleeve with regard to that hoard of cash. If he didn't, why wouldn't he have commenced the announced share buyback program? After all, according to the share buyback press release, management felt that the company was significantly undervalued then (and it still currently remains at those levels.) If I felt that way, I would have started buying a long time ago for fear someone else may reach the same conclusion and drive the price of the stock up. Any strategy that might lead me to owning more of this stock makes me (if someone where to put it to me)nervous. I would think long and hard about whether I wanted to own anymore of this company. If you want to own cash, buy a CD or a money market. I'm sure your return will exceed that of DOGSF.

Unoo

P.S. I just wish the *%$# stock would go up already.
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