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

To: jimmy c who wrote (2304)9/26/1998 2:55:00 AM
From: hasbeen101  Read Replies (1) | Respond to of 3194
 
This is a volatile stock. It often moves up or down 6% in a day. I think it's pretty fruitless to ponder why every move up or down happens.



To: jimmy c who wrote (2304)9/26/1998 4:24:00 AM
From: GUSTAVE JAEGER  Respond to of 3194
 
Actually, the current price trend is quite bullish! Just print out the 6-month chart for ODIS and you'll notice that back in June 1998, ODIS' stockprice collapsed to its lowest point on the end of June (ie $4.5) and then it moved back upward from July 3rd on... until it peaked at $8.5 on July 16th. Remember that 98Q2 was a record quarter for ODIS --both in revenues and in earnings.


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