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Technology Stocks : Open Text
OTEX 32.59-0.8%11:36 AM EST

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To: Michael L. Bland who wrote (157)12/31/1996 4:29:00 PM
From: White Shoes   of 1195
 
Won't be long, I agree...while some companies' shares soar just on rumor of associations with Fortune 500 companies...Open Text has existing alliances and customers in the Global 2000.

More should follow.

They've been quietly getting their technology ensconced in the work routines of some large companies, thus pre-empting a lot of the potential competition before they even knew what was up. I would rather be deriving revenues from this business than from search engine ad revenue.

The hype about Intranets in 1997 should provide plenty of free publicity about the company. Importantly their products work with and do not necessarily compete with Netscape. It should be a banner year for both.
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