Tecnomatix Technologies Ltd. (TCNOF) - Any comments? Message Board

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Technology Stocks : Tecnomatix Technologies Ltd. (TCNOF) - Any comments?

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To: Ariella who wrote (102)	9/23/1998 3:59:00 PM
From: Ariella	Read Replies (1) of 113

Rough ride today probably related to today's record date for OSHSF holders to get their TCNOF "dividend" of cash and stock. Institutional size chunks of TCNOF poured into the market today and were snapped up, albeit at a "bargain" price this afternoon. Looks to me like portfolio managers took their dividend and quickly converted into cash. Makes sense from a portfolio balancing perspective and there are lots of good bargains around. Don't think it meant anything necessarily bad about TCNOF. Consensus estimates for next year still well over a buck/share. Even at half that amount, the stock is a mid-to-longer-term steal. Anyone care??? -Ariella

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