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To: Skywatcher who wrote (806)5/12/1998 11:26:00 AM
From: Walk Softly  Respond to of 1195
 
Thanks folks for all this great info... sure hope we pick up some Banker sponsorship soon... I like to see us start moving off the bottom of this base soon.... seems we're at a critical (short term) technical juncture here.... we need some up-tick volume soon

Craig



To: Skywatcher who wrote (806)5/12/1998 12:23:00 PM
From: White Shoes  Respond to of 1195
 
What I like about OTEXF is they've got just about all the growth they can handle for the foreseeable future. I am convinced that they would be doing other things (that really half-assed release of the Pinstripe site for example is an indicator that they have other venues they could be exploring) but remain focused on their core business for now. Good management.

When I look at the sheer volume of applications today in various databases which require the UNDERLYING TECHNOLOGY which OTEXF has, it seems to me they could be moving into other areas using the "really cool search technology" (Jenkins' expression) they have. From what I understand, the Open Text Index always had certain technological advantages over other search engines.

But...they aren't really pursuing these aggressively, from what I can tell. This all tells me that this is a buy and hold sort of company and that when the first part of the story has unfolded nicely after 5 years, there will be another part and another part after that.



To: Skywatcher who wrote (806)5/12/1998 11:53:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 1195
 
While there is nothing wrong with 201 per cent ROI, IDC did similar ROI analysis for other companies as well. The one I am most familiar with is PC DOCS, where IDC came up with one ROI study of 678% (if memory serves me, accurate within 70 points but who is counting).

Taken out of context these types of press releases serve no great purpose except to spread the word further.

Cheers
Michael