DOCS - A TURNAROUND PLAY Message Board

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Technology Stocks : DOCS - A TURNAROUND PLAY

DOCS 41.41

+2.8%

12:21 PM EST

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To: Sultan who wrote (703)	9/29/1998 5:33:00 PM
From: David LaSalle	Read Replies (1) of 1156

I have practically given up on this management team as well. DOCSF zoomed from $0.75 to about $22 three years ago. At that point, it is quite clear to me that the management team let it go to their heads (thus the movement into the MUCH more expensive office space as well as the giving of major raises to management). Instead of saying to themselves - "Hey, we've done a good job so far - what do we have to do to take it to the next tier?" They said "Gotta love those stock options!" and all went on vacation (mentally as well as physically). This company is definitely languishing and will soon be totally surpassed by its competitors. Honestly, even if Ruby is booted, I believe that the window of opportunity has just about closed on DOCSF. BTW - I was NOT joking when I said "let's see if it will hit $1". The only thing that is supporting the stock price now is the cash hoard. But since the company has a major poison pill, the cash means very little to a potential buyer. Thus, the downward slide into oblivion can very easily take it to $1 or beyond. Don't fool yourselves. There have been many publicly traded companies that have gone belly up (esp. in technology). The appointment of a total loser like Wallace ($12 IPO being sold for $0.75 is definitely not the sign of a winner!!!) is just one more example of the la-la land management style of DOCSF. Somehow they must think that the market place stands still while they try the their Pres of the Month. Happy trading! :) P.S. The stock is still considered to be "junk" by the NASD.

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