ObjectShare (OBJS) Message Board

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Technology Stocks : ObjectShare (OBJS)

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To: Jatin Kadakia who wrote (145)	2/3/1998 1:21:00 PM
From: Raging Bull	of 185

Object share announces improved earnings and licence revenues biz.yahoo.com What were the investors expecting this quarter to bring for OBJS. The reported earnings deficit of only $.03 per share represents a major improvement over recent quarters. It was always my thought the the company stock price dropped from its average range of $8-13 2.5 years ago down into the penny stock range because survival of the company was at risk as developers shifted from Smalltalk to Java. Recent reports show that Smalltalk is not dead. Object Share's licence revenue although still very low has turned around with a 18% increase over the previous quarter. New Smalltalk and Java products will be announced soon and have been in beta for several months (Smalltalk 3.0. With only a $.03 cent deficit, $.60 per share in cash/securities and no debt, plus a significant a/r balance, the company is fairly secure finanacially and appears to be almost certain to ride out the transition of Smalltalk to Java. Sales and marketing expenses are a fraction of the prior year's same quarter expense figures and services units provided much improved results. Why is the price so low? Do investors believe this is now basically a services company and will never achieve significant license revenues? Have investors not reviewed the financials yet? Did investors expect these earnings results? The price did creep up from $.5 to $1 in recent weeks. Zacks did not post any estimated earnings for OBJS during the last few quarters and I could not find any sources that did. Let me know what your thoughts are. I personally was extremely pleased with the results during this transitional period for Object Share. I would like some insight from other investors on why the stock price did not move substantially.

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