Open Text Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Open Text

OTEX 37.20

-2.5%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike Farrar who wrote (922)	8/12/1998 7:13:00 PM
From: SlyWombat	Read Replies (1) of 1195

What is a reasonable valuation for this stock? They have clearly proven that profitability is doable. I don't know what the estimates for their fiscal 99 are, but with $.13 in Q4/98 one could argue for a $1/share for FY99. Current multiples for the computer software sector average 37.5, so a share value of $37 is more in line. Companies like DCTM are at 55x so OTEXF should command $50/share. They are clearly the growth leader and are on the right path. I think that they will test a new high if the market holds together and they post a few press releases on the wins they have mentioned.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next