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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: jimmy c who wrote (2297)9/23/1998 10:46:00 AM
From: hasbeen101  Read Replies (1) of 3194
 
Jimmy, I would look at it this way:

It's hard enough to pick a potential 20-bagger.
It's even harder to pick exactly when the stock price will take off.

This company has been delivering good revenue growth. I will not be surprised if the revenue and earnings start going ballistic any quarter in the near future (I mean revenue growth of 100% pa and earnings growth that's faster still). If that happens, a year or two tracking sideways will not be such a big deal.

One more thing: I would argue that anyone who invests in equities with a timeframe of less than 5 years is a speculator, not an investor.

Good luck with your investing.
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