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Technology Stocks : Documentum (DCTM) Software

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To: Tokyo VD who wrote (416)3/2/1999 11:32:00 AM
From: Bill Ounce  Read Replies (2) of 600
 
Yep, that was back in 1997...

A competitor to DCTM had a bad quarter, so all stocks in that field got hammered. DCTM was the industry leader, and did not seem to have such problems, so I picked up some... DCTM was a victim of a sector correction over-reaction. Turned out I sold too soon. Could have held out for more :-)

Think this is a good buy long term. It could very well get back to $33 in a few months, barring a NASDAQ correction.
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