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Microcap & Penny Stocks : IMGX, currently $3.50 -- Ignore unavailable to you. Want to Upgrade?

To: Jay Morrison who wrote (452)	10/29/1997 7:48:00 PM
From: Jay Morrison	Respond to of 665

The following is a company that I came across that seems similar to IMGX. Read it all. It had some interesting comments about the future of object-oriented database software. Jay NEW YORK -(Dow Jones)- Shares of Object Design Inc. rose Wednesday as investors finally got the chance to assess the value of some small-cap stocks overlooked in the last couple of days. Last Thursday, Object Design (ODIS) reported a third-quarter profit of $925,000, or three cents a share, up from $510,000, or two cents a share, a year earlier. The latest results beat analysts' estimates by a penny, but, more importantly, revenue rose 37% to $13 million. The jump in revenue for the Burlington, Mass., database-software company indicates that object-oriented database software has "a chance of competing in the market" currently dominated by relational and hybrid software, said Mark Kelleher, an analyst at Tucker Anthony. In addition, Object Design also promised investors in an earnings conference call a substantial margin improvement next year, said Ronald Opel, an analyst at Fechtor, Detwiler & Co. Opel said Object created its software design from scratch and is at least one year ahead of companies such as Oracle Corp. (ORCL) in object-oriented softwares. With the Internet and Java, an object-oriented language, object-database software has the potential to take off. Also giving the sector a boost, Kelleher said, is Versant Object Technology Inc. (VSNT), another object-oriented database-software company that reported better-than-expected earnings on Thursday. Versant reported a third-quarter profit of $625,000, or seven cents a share, up slightly from net income of $606,000, or seven cents a share, a year earlier but well ahead of the three-cent-a-share profit expected by analysts. Revenue rose 89% to $9.4 million. In afternoon trading, Object Design's were up $1.50, or 16%, at $10.75 on Nasdaq-volume of 405,000 shares, above its average daily turnover of 276,000. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved. Transmitted: 10/29/97 14:54 (L100ZTYg)