SYMX - SYMIX SYSTEMS, UNDISCOVERED VALUE Message Board

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Technology Stocks : SYMX - SYMIX SYSTEMS, UNDISCOVERED VALUE

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To: Jan Robert Wolansky who wrote (7)	12/10/1996 7:14:00 PM
From: trilobyte	of 51

Hi Jan, how did your sofware zero-in on SYMX? I'd be curious to know which criterion it used. I would guess it is a combination of earnings growth+low p.e.+strong accumulation between 7.5-8. today we probably got a partial answer to the large blocks which went through recently. Mitsui, a huge Japanese company which distributes SYMX software in Asia announced that it purchased 100 000 shares. Although it didn't say, I assume it purchased the shares on the open market. This is a very positive development. Anyway, the stock responded very positively to the news with the stock closing strongly at 8.5$ on above average volume. This is the best close since the announcement of the last quarterly results. We may have a breakout from the 7 3/4 base! Other (serious!) investors should take notice... There was one last issue concerning the last earning report which I had and I queried the company about it, namely, the decrease in cash on the balance sheet from the previous quarter. They told me that it was due to software purchases in preparation for this quarter, which is the strongest, as well as to pay for their recent acquisitions. o.k. I've said enough. Things do look positive. Trilobyte

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