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Technology Stocks : Documentum (DCTM) Software
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To: Shane M who wrote (505)4/17/1999 9:34:00 AM
From: Mikerophone  Read Replies (1) of 600
 
Not so bad.

I thought that the press release was relatively masterful in accomplishing the real DCTM objective, which was to manage the stock price upward for the rest of the year. A share buyback $ amount to lock in a floor price and expectations set that can hardly be underachieved. So DCTM, with reasonable performance has created the best scenario possible to manage their stock price to $20. Beyond that, who knows?
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