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Technology Stocks : PC DOCS GROUP (DOCSF)

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To: jkb who wrote (723)10/6/1997 11:50:00 PM
From: Sultan   of 910
 
Andrew, Jay:

Filenet announced to-day that they expect .12 a share (estimate was .06 or .07) with revenue of around $65 million. They are supposed to release results on Oct. 23. I'd say, PC DOCS should come up with good numbers as well. Last quarter was 33% surprise so may be this one will be better. What do you guys think ? Is it time to bet the farm yet ?

Incidentally, on Filenet, there was one strong buy (last week's upgrade and 7 holds) PC DOCS, as I said before has 3 holds. Anyone knows who these analysts are ? I know Nesbitt Burns used to cover them and earlier in the year had a target price of $16. Am not sure what it is now.
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