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Technology Stocks : Documentum (DCTM) Software
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To: Ariella who wrote (473)4/1/1999 4:59:00 PM
From: Wanderer  Read Replies (1) of 600
 
Ariella,

The price swings of this company are starting to look a lot like the long term patterns of FileNet.

Not to defend management, but like FileNet and a lot of others that sell big ticket items, it is often the case that most of the business comes at the end of the quarter. Management often doesn't know how the quarter will come out until the last couple of days when the big deals either come in or fall out. I'm sure if a couple of additional orders were booked that they would have made their projections.

Wanderer
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