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Technology Stocks : Open Text

OTEX 33.01

+0.5%

Nov 18 3:59 PM EST

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To: Urlman who wrote (83)	12/12/1996 9:37:00 AM
From: Tyler Lawton	of 1195

I think people are starting to figure this company out. The internet/intranet conference in New York that started yesterday should go a long ways towards pointing out how far ahead of the pack OpenText really is. They have a long way back from the IPO price at $25, but it is just a matter of time now that they have the product, the right market, the funding, and most importantly, the management to put it all together. OpenText bills themselves as "The Intranet Company" and '97 is going to be the year of the Intranet. I saw a report on Nightly Business Report on PBS last night describing what an Intranet is. There was a 5 minute spot on the radio last week in San Diego about the same thing. All of the conferences are now Intranet/Internet conferences instead of just Internet conferences. I think it looks real positive.

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