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Technology Stocks : Cognos Inc. - COGN -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (1088)6/22/2000 9:44:00 AM
From: Sultan  Read Replies (1) | Respond to of 1109
 
Still in and based on everything so far, intend to keep it for better prices since as the year progresses, the revenue number will be stronger even if they keep the lid on net by investing in R&D and expanding the sales org.. One thing to keep in mind wrt BOBJ is that if I remember correctly, BOBJ R&D numbers are much lower so sooner or later, they will have to start spending a bit more to keep up with all the competition out there..

Pre market showed as high as 44 so looks to perform nicely today.. According to posts on yahoo, couple of very positive brokerage reports out; DLJ and some other company.. Price target mentioned by CNBC was $75.. CEO was supposed to be on CNBC this morning.. Did not catch it so not sure how that went..