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Technology Stocks : Open Text

OTEX 33.09

+1.6%

Nov 21 9:30 AM EST

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To: Tom Hua who wrote (26)	11/23/1996 6:41:00 PM
From: paul tuok	of 1195

I think is a year end tax loss selling. Given that the market did so well so far, a lot of people would want to dump OTEXF to protect their profit. Aftter all OTEXF is a big loser in 96. Does anybody attend OTEXF's Intranets Start Here seminar tour? Which begin from Nov. 19 to Dec. 12 in various cities in the US and Canada. The market calls -0.24 to -0.25 EPS for the Q2. Fore the whole year is -0.92 EPS. The company would loss more money next Q but hopefully is smaller than expected and more contracts/deals in the next few weeks. Paul, PS: Since OTEXF is traded lower than excite, infoseek, Lycos, ..., it has no where to go but up in early next year.

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