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Technology Stocks : SSA (SSAX) BPCS/Client Server -- Ignore unavailable to you. Want to Upgrade?

To: James B. Barnes who wrote (570)	2/11/1998 12:32:00 PM
From: MAURICE J. SADOWSKY	Read Replies (2) \| Respond to of 915

Thanks for the suggestion to check CA--confirms my speculation relative to the activities last spring and summer--the $12.0 million note in March 97 and what I think was a not too subtle takeover attempt that failed. SSAX at $10-or $12 or even $15 is the cheap compared with any of its competitors. Most sell for a price to sales ratios of four or higher. SSAX is selling for 0.85 based on 48 million shares and 430 million sales (97). On a projected sales basis of 535 million its about 0.68. Without the close ownership of management and two institutions--it could have been all over by now (my opinion).