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


To: Nazbuster who wrote (576)7/23/2000 10:32:48 AM
From: Leto  Read Replies (1) | Respond to of 600
 
From what I read after the pounding the market reacted to a lower than expected volume of new orders. Documentum has had some problems in the past with closing deals. This appears to be the issue this time around. One of the analysts who follows Documentum commented that he believed the Street was over-reacting (heard that before). I tend to agree with him. It has always been a very volatile stock.

I am sitting tight still with lots of gains (less now than before). I am not sure about investing more but I'll see how the stock does (it may or may not have suffered enough yet).

Leto