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Technology Stocks : Cayenne Software (CAYN)

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To: G. H. who wrote (823)3/19/1998 2:48:00 AM
From: jach  Read Replies (1) of 1096
 
<<hopefully between .16 and .20 on revenue of 55 to 60 mil. One thing
is certain, they have turned the corner>>

Object-oritented technology for software can be seen as one of the key areas for software productivity gain. With today's high cost for SW engs, the potential to automate a number of software functions such as database design, modelling and testing are all starting to take-off and will grow big time. CAYN object team, according to an independent study is #1 in this area. For .20 and 35 pe, can be potentially looking at 7.00$ share price before the end of the yr. In fact CAYN has potential to grow substantially beyond this 7$ as this object software technology is now at the early stage where the current revenue in this area barely touching the potential mkt revenue for the next few yrs.
For short traders, probably not that late to close their position before it doubles again in the next few weeks.
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