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Technology Stocks : Open Text

OTEX 33.67

-1.8%

Nov 14 9:30 AM EST

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To: White Shoes who wrote (266)	1/24/1997 4:28:00 AM
From: Gary105	of 1195

Geek, just some clarifications: 1. From a financial analysis, standpoint if we see strong revenues we will most likely see + earnings, but I doubt that. "Revenues" are orders, etc. that are realized in the past quarter. 2. I will be looking for "bookings" or potential "bookings" - orders or potential orders that can be converted to revenues in subsequent quarters. 3. The last time I checked Zacks - 2 analysts covering it each had "strong buy" recommendations. Earnings were expected to be negative until FY6/98 - I take that as meaning that earnings turn + perhaps in the Dec quarter. However Zacks is updated infrequently. 4. The keys will be more press releases of orders and some indication of potential revenues - $ would be great, but I'll settle for number of potential licenses, etc. Gary

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