SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OSFT - Objectsoft -- Ignore unavailable to you. Want to Upgrade?


To: Yujin Maison who wrote (13)4/24/1998 10:31:00 PM
From: Wizard  Read Replies (2) | Respond to of 694
 
I just heard that latest on ObjectSoft. Microsoft is negotiating a financing package for ObjectSoft for $8-9 million. Not a major amount of money, but considering it is Microsoft, and there has been quite a few announcements made by Microsoft for ObjectSoft, this may be the item that kicks off the momentum on OSFT.
Short-term $6-7, by end of the year $10+ projections.
They are doing a lot of things right, just have not gotten into the limelight like they deserve. The MM on this one has hurt things quite a bit, but the company is a winner. This company has already traded in the $6.38 range, so going back there short-term is definitely a possibility.