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

To: Bob Trocchi who wrote (2316)	9/29/1998 12:39:00 PM
From: GUSTAVE JAEGER	Read Replies (2) \| Respond to of 3194

I told you Bob: check out the 6-month chart!! It's exactly this same stupid/boring June-scenario going on... Look at what happened on June 28, 29, 30: there was a peak in ODIS's volume along with a freefall in the stockprice (down to $4.5!!). And 2 weeks later, ODIS announced record revenues and over $1M in earnings....... Too many shares chasing to few institutional/long-term investors. Hence, the day traders, speculators and shorters have fun today. Next, we have to deal with all the CALL-option writers: those guys don't want to see the stockprice skyrocketting to, say, $12.00! Furthermore, today's an FOMC meeting date: if Greenspan does not trim the interest rate by a full 1/2 pt (from 5.5% to 5.0%) it will trigger a larger sell-off. So, to sum it up: lot of selling speculators on one side and.... all the buyers waiting on the sidelines. When the rate cut will be announced at 14:15PM we'll have a turnaround. Regards, Gustave.

To: Bob Trocchi who wrote (2316)	9/30/1998 12:26:00 AM
From: ahhaha	Respond to of 3194

Dobey, you rang? Scale growth for this company is delimited by the ORCL monopoly as is well-known by all the regulars here. Oracle 8i keeps the jumpers in the fold. MSFT doesn't complain to government about ORCL which is a greater monopoly, so no help from bulldozer leveling. Then there's squeamish institutions who have already been alerted that quarter's earnings are blah, so they engage in window dressing. That is, undressing. Who wants a non-performer when you have a collection of negative performers? Have you forgotten that our world is one of show? Big money is smart so it has to get out. Time to get in for the long run. ODIS is not significantly effected by macro-economic forces or central bank actions. That's the advantage of buying a stock in a well-defined base. Not good enough to buy for the intermediate run and not good enough for my clients. I buy on a volume breakout of this base on fundamental good news like a positive earnings surprise. I don't mind paying up. The company has put in much tapas. That has to bear fruit in the fullness of time. The more unrewarded tapas that is put in, the greater will be the eventual move. Did you not say that you don't mind some wiggles in a base? Don't buy more. You own enough. An earnings surprise still must await either a change in management, cable modem ubiquity, or the ever increasing problem of non-OODBs. The latter may scuttle ORCL just like Windows is destroying MSFT. It's the worm of downtime. Your points are valid. The company is just a snail. The financial statements are irrelevant. You know everything that is relevant. You knew what would be on those statement pages years ago. The snail, even with Bowman riding it with a whip, is constrained by factors beyond its control. If shareholders would have dumped Sleepy and hired me, they would have earned more, so that today's close would have been at 5 5/16. Not even the whip can make it go faster; you can't push on a string. Are all the deals signed in the last 3 months a fraud? Then this company is a sham and you should be a seller. However that conclusion doesn't fit facts gleaned outside of the company. As usual the deals aren't yielding a lot, but they are creating an unparalleled visibility. I'm receiving brochures from them to attend events like the one coming in November that are attractive and I'm seeing their name popping up in the most unexpected places. It reads as classically bullish for the long term. Ah, in the long term it is all dead money. All corporations eventually go bust, so when you get rich, you have to get out just like the institutions do at the wrong time.