Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Mo Chips who wrote (460)	1/27/1998 11:34:00 PM
From: Clam Clam	Read Replies (3) of 763

Just remember that Dec is supposed to be seasonally strong. March has traditionally been quite weak. It seems obvious that RMDY must have been the first choice in an acquisition from IBM given that IBM chose them to be the help-desk they OEM'd. RMDY management probably got greedy on the price offered from IBM. Another case of management hubris. Maybe they can get $20 out of somebody or are you too proud for that, Larry? Maybe a 3 or 4-way merger with a few of the other CIS companies could clean this sector up. Sometimes, if you can get enough drunks together, they are able to hold each other up. B/W RMDY, CLFY, SWRT, SCOP, PEGA and that Novato company whose name I can't remember I think the sector has lost investors $3+ billion from the highs. How I avoided all of those dogs is a miracle (and flat-out luck). Nice job guys. What a scam...

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