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Technology Stocks : Open Text

OTEX 37.20

-2.5%

3:59 PM EST

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To: HVN who wrote (980)	11/19/1998 7:28:00 PM
From: Ariella	Read Replies (1) of 1195

You can access the Merrill report of 10/27/98 on the web Use askmerrill.com You'll need Adobe Acrobat to view the pages. Requires registration, but it's free. Merrill, as part of advertising blitz, has its research free on the net till end of February. A very important Merrill report came out today on enterprise information portals (EIP) and is probably the reason OTEXF was so active. I have watched the stock for quite a while, researching it and Documentum. Bought last month when it dipped. After reading the Merrill report today, I really believe this stock could be in the 50s within 24 months, possibly higher if the investing world begins to realize that only the surface of corporate information management has been scratched. Merrill has bumped up its eps estimates and shows a 60% growth rate in FY2000. -Ariella

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