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Technology Stocks : Open Text

OTEX 34.56

-3.9%

Nov 7 3:59 PM EST

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To: Brian Fuller who wrote (617)	10/28/1997 12:57:00 AM
From: White Shoes	Read Replies (1) of 1195

For what it's worth, quarterly report is out, 2 cents ahead of estimates. There will be a lot of bargains on the street soon (now)...but will there be a further crisis in liquidity? I bet, no, things will stabilize. We'll see this week. biz.yahoo.com They should start to turn a profit, perhaps as early as next Q. They'll be looking to make acquisitions with the new talent they have brought on board. If the stock price drops anymore this could be a very attractive company. I'm also looking at Jetform. Anyone think these two would fit well together? These companies are of equal size however, so one is unlikely to take over the other. I just wonder what sort of acquisitions you make with $30 mil in cash. I suppose this co. is looking at issuing stock and/or debt if it wants to grow in this fashion....any thoughts appreciated.

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