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Technology Stocks : Open Text

OTEX 33.09

+1.6%

Nov 21 9:30 AM EST

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To: White Shoes who wrote (33)	11/25/1996 5:45:00 AM
From: Gary105	of 1195

Geek, Agree, intranets are THE growth area for information technology for the corporate community. Open text obviously has something to offer. Their current level of revenues is low but growing fast. Their licensing revenues need to almost triple for them to break even. The key to the future is watching their press releases. When they start announcing contracts of 20,000 seats per month, they will turn profitable - it will be a while imo. Gary

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