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


To: hasbeen101 who wrote (2415)10/17/1998 9:55:00 AM
From: pianoman  Read Replies (1) | Respond to of 3194
 
My enthusiasm was tempered also yesterday. I am surprised by several items:

Did anyone notice the bid at 7 before the open? This was about what I was expecting based upon the number. It almost looks like some buy orders were reversed at the last minute into sells.

Also, was this 60% discount on their objectpro old news? If so, then that should have been factored into the mix already. Given the current earnings environment, when a good number comes out it is "we don't care about your good number for today..what's tomorrow going to bring?" However, I am surprised by the downgrades, and from what i have read, for no concrete reasons except for a "what-if" scenario of continued price discounts. This is an industry wide liability - not just with ODIS.

The company definitely needs to get their act together with their sales force. They have a unique product, and the AWARENESS just isn't there. I also think they should be wooing and educating these fund managers as to their unique position.

I also have gtc buys in at 4.. <G> regards, pianoman.