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Technology Stocks : OBJECT DESIGN Inc.: Bargain of the year!! -- Ignore unavailable to you. Want to Upgrade?

To: GUSTAVE JAEGER who wrote (2136)	7/17/1998 12:54:00 PM
From: ahhaha	Respond to of 3194

Before SI existed I knew about Objectstore. I bought on the IPO. I've put out detailed evaluation on this company for a year. In two years they haven't refuted ANY of my criticisms. In fact, they've only disappointed. You and others are amateur investors. That means you can't be objective about what you hold. You have hope and that's it. Hope is the worst enemy you can have in this business. It always distorts your judgement. Let's do a pathetic price evaluation. ODIS is a 30% grower. Fully valued that means a 30 or 40 multiple. Say they earn $.10 going out 4 quarters. That's a 3 or 4 share price. You have to stretch those parameters in order to get your imagination pumped up to the current price. It also critically assumes an indefinite booming stock market and non-inflationary economy so that expectations and ODIS top line can continue at their most optimistic rate. You got a lot hope, boy.