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Technology Stocks : Open Text

OTEX 34.56

-3.9%

Nov 7 9:30 AM EST

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To: SlyWombat who wrote (692)	3/2/1998 10:20:00 AM
From: Michael Watkins	of 1195

I'd also add to your comments that Documentum and OTEXF are in different businesses. Even though OTEXF can be classified as a "document management" company, they are more of an intranet groupware company focussed on providing low cost solutions to the masses. Documentum is a document management software provider focussed on providing specific vertical business solutions that takes advantage of DM functionality to solve specific, high value, business functions. Best example is Pharmaceutical approval process. Massive documentation and control required; Documentum has packaged solutions developed for this area that can save a drug company millions by speeding time-to-market. You won't find any Open Text customers bending Open Text to solve that type of problem, I predict. Closest competition is probably FileNET, then DOCSF, but frankly, I think DCTM is, still, in a league of its own.

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