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Technology Stocks : Documentum (DCTM) Software -- Ignore unavailable to you. Want to Upgrade?


To: Michael Watkins who wrote (539)9/24/1999 10:51:00 PM
From: StockDude  Respond to of 600
 
I agree,
DCTM has clearly broke through its 120 day moving avg and has a strong base (low 20's or so). I'm sure there is something on the horizon. Just hope the market conditions stay some what healthy. Holding steady and still long!!!

Stock Dude



To: Michael Watkins who wrote (539)9/24/1999 10:58:00 PM
From: sand wedge  Read Replies (1) | Respond to of 600
 
Michael,

Funny thing about that Lyondell announcement, seems that deal has been alive for years. I remember it being contested 5-6 years ago. Some sales cycle huh?

The cost of winning that sale has to be huge.



To: Michael Watkins who wrote (539)9/25/1999 11:27:00 AM
From: Asymmetric  Read Replies (1) | Respond to of 600
 
Michael,

Congratulations on your new child. Wanted to note that
DCTM has finally broken through it's 200 day moving ave
after 6 months of kicking around below 20. Maybe baby
will get a new pair of shoes out of this!

Hard to believe, if it's true, that DCTM pursued Lyondell
for 3-5 years for a software deal. That's almost a lifetime
when it comes to technology. I know that when big contracts
are signed for a company trying to establish itself,
substantial discounts are often made or conceded to.
Do you read any significance into this contract beyond
the deal itself? Was just wondering at what point you would
consider Documentum to be back on track. Is it just a matter
of sales and getting thru the Y2K stuff, or are there larger
technological issues involved? Is Open Text better? or do
they address slightly different technical corporate needs?

As you may or may not know I'm just an investor looking
to catch a wave on a stock looking like it's getting
ready to turnaround, and trying to come up to speed on
the sector.

Good luck to all. Peter.