Omtool (OMTL) - Undervalued software play? Message Board

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Technology Stocks : Omtool (OMTL) - Undervalued software play?

OMTL 3.780

0.0%

Jul 14 5:00 PM EST

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To: stockboy who wrote (20)	7/10/1998 10:32:00 AM
From: Stefan Gruenwald	Read Replies (2) of 27

OMTL fell too much! I think we will see a nice bounce. OMTL's orders are not canceled, they are only delay into the next quarter. Something similar happened over a year ago to PRMS and the stock fell from 30ish to 8. Everybody bailed, since it was a fast-growing company with a strong buy rating that all of a sudden had a bad quarter. Well, needless to say, PRMS didn't stay long at 8. It took about a quarter or so to get back to $20+ levels. Something similar might happen to OMTL. Did you notice that the analysts didn't downgrade OMTL to a neutral but rather kept it at an attractive/accumulate level. BTW, why is it so quite here. Did everyone bail? Happy trading, Stefan

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