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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 (281)1/28/1997 6:13:00 PM
From: Tom Hua   of 1195
 
Geek, I side with you and am very excited about the earnings report. At this stage of the newly reorganized business model, earnings is not the most important factor. I think the street is looking more toward the revenue stream and growth. Triple digit growth vs last year, and 30% sequential quarterly increase is very impressive. Throw in the new wins last quarter, you are looking at a potential leader in the intranet field. My prediction for OTEXF tomorrow, 9-10. Your call for 15 in 1997 sounds very reasonable, if not conservative, to me.

Regards,

Tom
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