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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!!

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To: Sea Otter who wrote (2791)3/14/1999 8:51:00 PM
From: ahhaha  Read Replies (1) of 3194
 
According to your profile you are 29 or so and talk a lot about Immunogen and General Magic. I didn't bother looking at what you had to say, but there isn't much to say about these two horrible operations. GMGC is a reincarnation of AAPL's hippie cult and IMGN is a worthless bust based on biotechnological alchemy. It will be extremely hard for these companies to survive.

That's true of your company too, whatever it is. I know because Silicon Valley is headed for an unprecedented bust. I have no crystal ball. I just keep looking at INTC's chart. Yeegads! How could INTC's profitability slow in this environment? AMD's competition? DELL's slowing sales? Saturation of the PC market? Fortunately niche markets aren't effected by big company slow downs, are they? The only possible answer is the stock market is wrong.

You claim ODIS is a screaming buy. Who knows, you can't underestimate how desperate someone like CA might be getting. You can doubt why anyone would want to invest in the sine qua non of dead money. The market has been seriously dismembering ODIS since the terrific and only possible bullish news of Goldman's quiet disappearance hit. That's interesting in its own right. The situation was so bad that Goldman had to get rid of himself since none of the other weaklings associated with this dead company had the guts to save even their own interests. Some BOD.

We know that the market is wrong about knocking ORCL and we know that even if the market is right about slowing revenues at ORCL, that won't effect a niche company like ODIS. ODIS has a Linux strategy to fend off analyst's doubts, don't they? So we know that the market is wrong about INTC, ORCL, and ODIS, but we only know the latter because you claim it. That's not what every trade data is showing. It's showing liquidation. The only thing that keeps the stock from dropping to 4 is market sentiment and that may change.

Now as far as your comments about "low echelon techie job" go, they remind me of a drowning person looking for a life preserver. You bought ODIS and now you're worried. You ought to be. I hope it rises so you can have the chance to get out of this dog and preserve the monies that you will need to support yourself.

You seem to disregard the critical nature of the low echelon jobs at your operation. This is part of the hubris that has come from Silicon Valley's overblown success. Bear markets knock hell out of such attitudes and often relegate the perpetrators to the position they denigrated. So instead of idly casting aspersions take some advice from a pro money manager: if you don't want to eat crow in the conglomerate employment line, don't throw away the money so beneficently given to you by the mad dash into technology by the mad dash out of technology.
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