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Technology Stocks : Open Text
OTEX 32.86-2.4%Nov 17 3:59 PM EST

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To: Ash Kapur who wrote (181)1/10/1997 9:10:00 AM
From: Michael Burry   of 1195
 
I didn't realize that OTEXF was expected to lose money for so long.
It seems that they have so many deals inked and revenues are growing
so fast. I expected a profit much sooner than 6/98. I'm glad
they have so much cash and so little debt. They'll need it. Unfortunately, I know I won't be waiting unti 6/98 to see profit.

Mike
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