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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 (2410)10/16/1998 9:10:00 PM
From: hasbeen101  Read Replies (1) | Respond to of 3194
 
Lets now hear from ahahaha to temper our (at least mine) enthusiasm

I think the closing price has probably done a pretty good job of tempering all our enthusiasm!

It looks like H&Q and the market have decided that revenue growth is not going to easily move beyond the traditional trend of 20-30%. Q3 was 28%, and a slowing world economy is not going to help the next few quarters get better.

I think it will definitely take time for the whole story to play itself out! It seems clear from Q3 that 25 cents EPS next year will be possible, in which case $5 is a P/E of 25. I think that's pretty good buying for a stock that has this much blue sky.

Good to see that management are not resting on their laurels. Goldman's comment that ODIS has many more shots in the locker for the XML war was very welcome.

In the meantime, I suppose we should all place GTC buy orders at $4, then sit back and wait....