Santa Cruz Operation (SCOC) Going Up? Message Board

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Technology Stocks : Santa Cruz Operation (SCOC) Going Up?

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To: Lou who wrote (261)	3/10/1998 1:32:00 AM
From: uu	Read Replies (2) of 656

I just came across SCOC and it seems they will aggressively be shifting their attention in writing software on the server side based on Intel's Merced chip due in about a year from now. I believe this can be a lucrative business strategy if they are successful in its implementation. As Sun Microsystems thin client/server centric computing model takes off, software becomes more and more as an entity that resides on the server side. On a fundamental basis SCOC eventhough has been losing money, continues to have a P/S of under 1 (0.89 to be specific) and is selling at a little over 1 time its book value. This in my opinion is very undervalued. With 52 week low at $3 and change and a 52 week high of $7 and change and with current price being at around $4 I can not see any significant downside to this stock (especially since all the bad news on Asia is already known about this company). And on a day such as today when most high techs (and especially server makers such as SUNW) went down dramatically, SCOC actually went up a tiny fraction with some what of an impressive volume. Perhaps this might be a right time to buy this stock. Any thoughts on this is greatly appreciated. Regards, Addi Jamshidi

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