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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 (776)4/20/1998 10:38:00 PM
From: dzzhang  Read Replies (1) of 1195
 
OTEXF is undervalued, comparing to others in the Internet sector.

While most Internet stocks enjoyed huge gain in the last few weeks, OTEXF is basing at around $20. It should move in a big time when any positive news (acquiring, takeover...) hit the wire.

It has an excellent search engine. ( It was/is indeed a search engine company like YHOO, EXIT, SEEK,..)
It has a strong alliance.
It has a strong management team.

People is waiting for the deal is going to make when it raised money last month. And the company is very low-key. When the basing is over, it should like OMKT, SEEK and other internet stocks which enjoyed a huge gain in a short period of time. It is discounted in the wake of a huge gain in the internet sect last week and is one of the cheapest Internet stock which makes money.

Technically, it looks great. Once it breaks out the low 20's, it will quickly hit $30.

Good Luck.
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