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


To: Mark K. who wrote (2368)10/7/1998 9:15:00 PM
From: ahhaha  Read Replies (1) | Respond to of 3194
 
I'm not the one who needs to be persuaded. Results will speak for themselves. The previous quarter is already in the bag. You're in there too because you bought above and like 99% of holders, are holding at a loss. You ridiculed me because I failed to guess their results. You should have taken my advice and stayed out.

The problem isn't one of near term results. The problem now has evolved into a long term structural one. Management hasn't a clue. They are doing the same as they were 2 years ago. They brought in supposedly capable people, but that has failed. They signed deals with everyone, but that hasn't yielded much. The problem isn't with personnel, the problem is that the market is captured by the big players and circumstances are moving in the direction of keeping the share in their folds. The reasons for that I have mentioned earlier. There is nothing on the horizon that will change this short of ORCL developing a major problem of some kind either from government or from competitors. This is the same situation of 2 years ago and little, if anything , has changed. Ellison knows that and he sneers at ODIS.

I used to program with PSE and I know it is superior. You can go back in this thread and get all the details. Maybe if you do that, you'll have a substantially different view on things and on me. I was a major supporter of the company and did what all the regulars persist on doing, continually overlooking the truth about the situation. I wasn't being objective, I was being prejudiced. Eventually recognizing that, I dumped. One of the better decisions I've made. I did it because I'm an investment pro who looks for weaknesses in my own outlook. Almost a year ago I gave up on ODIS and haven't regretted it. I still can't see anything in the indefinite future but what you've seen all year long in the stock price action.

As for the better mousetrap, if you have studied companies as long as I have, you'll find the better mousetrap anathema is quite common and for very good reasons. Something better means change and change is painful to the comfortable majority. That's why WINxxx can be so bad and continue to prosper. Better to suffer than to seek "the undiscovered country from whose bourn no traveler returns and makes us rather bear those ills we have than fly to others that we know not of."