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Technology Stocks : Open Text
OTEX 33.72+1.3%1:04 PM EST

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To: White Shoes who wrote (15)11/5/1996 10:02:00 PM
From: paul tuok   of 1195
 
Here is the reply from David Paolini. I thank him for getting back to
me within 30 min. Look like they are going to announce Q1 tomorrow
which is 5 weeks after quater ending as opposed to what 11-12 weeks
before they announce Q4 on Sept. 13.

Everything look very good - today they just announce U.S and
Canadian sale VPs.

-----------

I cannot comment on the Q1 results, which will be reported in next
Thursday's papers (we intend on doing our 4PM announcement, after the market
closes, on Wed.). We've received a lot of support and interest in the past
month from brokers who are just waiting to see a positive Q1 and we believe
we won't disappoint them. Cheers.

At 10:53 AM 10/31/96 -0500, paul (p.c.h.) tuok wrote:
>Dear Sir:
>
>Could you please let me know when Open Text is going
>to release the 1st quater financial result.
>
>
>I am concern with the Q1 results and the investor's
>reaction to it. Although in the long run the company
>should doing very well.
>
>Thanks for your time.
>
>Sincerely,
>Paul Tuok
>
>E-Mail: ptuok@nortel.ca
>
>
>
David Paolini
PR Director
Open Text Corporation
Toronto: 416-596-0296 ext. 13/fax 596-1374
Email: davep@opentext.com
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