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Technology Stocks : Open Text

OTEX 34.56

-3.9%

Nov 7 9:30 AM EST

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To: dzzhang who wrote (701)	3/5/1998 8:56:00 AM
From: Rob D.	Read Replies (2) of 1195

Good article in the Globe & Mail on OTEXF this morning. It mentions share price as being "cheap" and "grossly undervalued". It also talks in glowing terms about the new president. The bottom line summary states that "Open Text is a small company with limited resources in a cut-throat market. But analysts believe the strategy is sound. Some say the stock could reach $30 in the next 12 months." Is it a coincidence that it happens to hit the local papers on the day of the AGM? Probably not. Rob

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