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Technology Stocks : Open Text

OTEX 32.86

-2.4%

Nov 17 3:59 PM EST

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To: White Shoes who wrote (170)	1/5/1997 8:31:00 PM
From: JF Quinnelly	of 1195

Imaging World, Jan 1. '97 edition. "40 companies to watch in 1997". The first entry is: Open Text. "Open Text. In 1996 Open Text really made the Odesta acquisition work for it, bringing together full text retrieval, workflow and electronic document management in a Web-enabled architecture to create a powerful and sexy product. Open Text put itself on the map by taking Lotus Notes head-on and diving into the collaborative computing market, focusing on solutions rather than the seperate pieces of technology. By the last quarter it was able to identify some significant reference accounts--solidly answering the question "Does it really work?"--and should be well positioned for continued momentum in 1997." The analyst is Linda Myers-Tierney of Myers-Tierney and Associates.

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