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Technology Stocks : Open Text

OTEX 33.84

-1.3%

1:55 PM EST

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To: White Shoes who wrote (428)	3/12/1997 10:42:00 PM
From: Tyler Lawton	of 1195

A New Press Release at opentext.com I would have thought they would have used Documation and/or Internet World to make some new customer announcements showing new revenue. The stock probably ran up in anticipation of something happening and now it is settling back into it's range which seems to be 6.5 to 8.5. There must not be much going on if they are letting the stock slide back. Management is happy if the price is anywhere above 4.5. I say wait until it drops under 7.

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