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

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To: Jatin Kadakia who wrote (283)4/22/1998 6:43:00 PM
From: Wil Faller   of 656
 
From a technology standpoint I agree with you. I guess my point was more that what this stock needs is cheerleading by both us the shareholders and management. Part of the reason a stock does well is that they have earnings and earnings growth. I think we can expect SCO to do well given the new products. Another part of what helps a stock is that investors know that it exists. I think this is our problem at the moment. We the shareholders need to, with honesty, let people on the newsgroups and other places know that SCOC is alive and has a very bright future. The other side of this is that it sure would help if SCO got somebody who could write a decent press release. For a company which beat earnings by 50%, this had to be the poorest press release I can remember seeing in a long time. I sure hope that under new management they are a lot more pro-active about the company in the press and take a more active interest in the price of the stock. We as shareholders can also bother SCO directly to help push them in this direction. Investor relations is April Burke who can be reached via e-mail at aprilb@sco.com.

The other thing, and maybe you know the answer, is there appears to be a lot of people who can't wait to unload their positions in SCO. I realize that they have had there problems, but when they are finally on the right track, I don't understand why so many people are abandoning the ship. This stock could have moved up a lot more today than it did.
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