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


To: Craig Lacy who wrote (589)10/3/2000 10:04:25 AM
From: Craig Lacy  Read Replies (1) | Respond to of 600
 
With this mornings earnings warning by Xerox and their mention that one of their strategies was going to be the sales of assets,
I immediately became concerned that one of those assets might be DCTM stock. In checking the annual report I found the
following note:

"As of December 11, 1998, Xerox owned approximately 10% of the Company's outstanding common shares; however, on
September 29, 1999, Xerox sold a majority of it's holdings and on October 6, 1999, Xerox completely divested all of their
remaining holdings in the Company."

nwsailor