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Technology Stocks : Open Text
OTEX 33.09+1.6%Nov 21 3:59 PM EST

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To: JF Quinnelly who wrote (3)10/9/1996 1:33:00 PM
From: Alex Shogren   of 1195
 
This company used to license its search engine to Yahoo and a couple other well branded search sites, but they all decided against Opentext a few months ago. I know a guy that used to work at Helix VC, Helix financed the company and he made a remark that they were shopping around to be acquired. Mircosoft looked at them but won't touch them. I wouldn't count on the price going higher than 6 or 8.
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