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Technology Stocks : DOCS - A TURNAROUND PLAY
DOCS 50.44+8.6%Nov 21 9:30 AM EST

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To: Letmebe Frank who wrote (534)7/27/1998 2:16:00 PM
From: Michael Watkins  Read Replies (2) of 1156
 
Letmebe Frank,

(I love your account name)

I agreed with you several weeks ago when you proposed an 8.50 baseline, but forces far greater than DOCSF are at work here. Have you looked at FILE, DCTM, OTEXF lately? Just generally bad stuff happening out there I think, and in some respects I'm pleased to see DOCSF holding up as well as it is.

I'm banking on so-so results this quarter as they clear through anything else that has been hiding around, and better than average results into next quarter and all next year as they move forward with product and the new people on the team. I've met all the new players at PCDOCS Inc., now and I believe they are very serious about their goal to be #1, and they have a plan to get them there.

Still, its all somewhat risky, as we need to see if they can execute.
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