SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Open Text
OTEX 38.03+2.2%Nov 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dzzhang who wrote (868)6/25/1998 1:22:00 PM
From: dzzhang  Read Replies (1) of 1195
 
several reasons:

This is the Internet, Intranet company to be precise. It is one of the component of ISDEX. It is discounted because other Internet enjoyed doule/triple run in the past several months while OTEXF stays flat.

One cent short of expectation (a misleading 20%) is the main reason some people lost the interesting. However, the latest Q still scored a 500% growth from its previous one (5c vs. 1c).

Internet stock had a correction last month but is coming back strong. The unnoticed one such as OTEXF will catch up soon.

Good luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext