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Technology Stocks : Gensym GNSM starting to move!

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To: h.l. meeks who wrote (49)12/5/1996 9:42:00 PM
From: David R. Helms   of 141
 
H.L. The last GNSM quarterly refered to "6,000" software licenses in the hands of paying customers (10/23). The latest news release touting the release of G2 V4.1 reported the following:

"Gensym has sold more than 7,000 product licenses to organizations in more than 40 countries worldwide. Founded in 1986, Gensym has 26 offices around the world."

Do you see what I see...in less than one quarter, the number of outstanding licenses, the life blood of the company, increased by 1000 licenses or 16.7% (that's a growth rate of 68% per annum). The company lamented last quarter about not closing several deals which was the root of the profits disapointment AND the stock's fall from share holder good graces.

No, I don't think we should make lots of this. But it might explain why we have agained back over 40% of share value in the last week or two.

Regards,

DRH
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