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Technology Stocks : DOCS - A TURNAROUND PLAY
DOCS 40.12+0.7%9:34 AM EST
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To: Trader Bob who wrote (1084)4/29/1999 3:18:00 PM
From: Michael Watkins  Read Replies (2) of 1156
 
For the record, I believe 8.50 a share is not an appropriate offer. My rationale is simple.

1. OTEX is probably overvalued at this point
2. DOCS / HUMDOCS is definite undervalued at this point from a forward looking basis

I suspect many long term DOCS holders have a pain threshold well above the 8.50 level.
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