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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!
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To: Bob Trocchi who wrote (2457)10/28/1998 6:35:00 PM
From: hasbeen101  Read Replies (1) of 3194
 
It looks like someone was dumping heavily today. The volume was over 4 times the usual level.

As a purely intellectual exercise, it will be fascianting to see how low this stock can go. I think to justify the current price level, it is necessary to believe that earnings will actually go down over the next few quarters. It seems to me that declining earnings would only happen over 1999 if the macro economy went heavily into recession, or if ODIS management made some big mistakes.

BTW I agree with ahhaha that, from an investment perspective, it's a good idea to just hold this stock for many years without worrying about the stock price every day. And his advice about diversification is totally correct. Most of my savings is in extremely diversified portfolios.
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