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Technology Stocks : Open Text
OTEX 38.16-0.4%Nov 3 3:59 PM EST

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To: Dale Meunier who wrote (963)10/8/1998 7:02:00 PM
From: Rob D.  Read Replies (1) of 1195
 
It looks like the Filenet earnings miss and subsequent monster decline is what is driving price for all players in the Doc Mgmt arena:
FILE down 56% vol 12.7M
OTEXF down 12% vol 106k
DCTM down 17% vol 1.45M
DOCSF down 10% vol 74k

I guess it should be comforting that the volume wasn't much larger than the average for OTEXF (or potentially frightened by the apparent lack of interest).

This Q release will tell an interesting tale.

Rob
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