Open Text Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Open Text

OTEX 33.67

-1.8%

Nov 14 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (290)	1/29/1997 2:29:00 PM
From: White Shoes	of 1195

I am sensitive to earlier comments on JUST HOW MUCH in new revenues would seem to be required in order to turn a healthy profit. It's a lot. But based on the current growth rate, I think they can do it. In terms of existing customers, they are right where we hoped they were. Shouldn't be too hard to sign up more given the company they have been keeping of late. If they are in the black in Q4 we can party. Some people might not feel like waiting around that long. On this stock I am a "waiter". I will be accumulating if we see 7 again. Just a wild theory too but the potential profits in the search engine market (vs OTEXF's very low cost in terms of getting back in there) would have to be tempting. They might sign some deals in 1998 to get them back in with the big search engines. They have already stated that they have some "really cool search technology in the pipeline" that blows everything else away. They'll need a partner and a cool logo to rival Excite's ...but I wouldn't be surprised if they work on this when they have taken a breather from their current growth binge. I am sure they are too busy to think that far ahead at the moment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next