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Technology Stocks : Open Text -- Ignore unavailable to you. Want to Upgrade?


To: dzzhang who wrote (728)3/13/1998 1:10:00 PM
From: gc  Read Replies (1) | Respond to of 1195
 
The stock is definitely in accumulation mode. Judging from the stock movement and several recent large account wins, I bet they will have a blow out quarter.



To: dzzhang who wrote (728)3/14/1998 8:04:00 PM
From: Alomex  Read Replies (2) | Respond to of 1195
 
The stock's recent appeal has also been buoyed by talk that
Open Text's growth could make it a takeover target, Stewart said.
A possible suitor could be Netscape Communications Corp., which
signed an agreement in June to distribute Open Text's LiveLink
software with its SuiteSpot product.
''Netscape has been rumored,'' Stewart said. ''They have
cash and now that they are giving away their Netscape Navigator
(browser software), they need a cash-generating business.''


I agree. IMHO either Netscape or Novell should take a good look at Open Text...