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


To: ahhaha who wrote (2450)10/27/1998 10:08:00 PM
From: ahhaha  Read Replies (1) | Respond to of 3194
 
I should add that you shouldn't sell your stock. The reasons are: there's no point even if it is dead money. ODIS still has a unique way of efficiently storing objects. Before anyone ever develops an improvement, Objectstore will have to have its day. The key is to forget about it. Don't add to your position and don't pay attention. If you watch, you'll only be inclined to sell when it rises.

There are other companies in which to get excited. This is how you become diversified and how you leave your selections alone so that they can rise when you aren't looking. I've made quite a pile being wrong and then not paying attention. Come back several years later and see the stock up 500% and noting that I'd never let it ride if I had been watching that chart.



To: ahhaha who wrote (2450)10/28/1998 5:26:00 AM
From: hasbeen101  Read Replies (2) | Respond to of 3194
 
There is a major slowdown occurring in tech product buying. ODIS neither has the margins, pricing power, nor the new revenue sources to handle avoidance of losses. But they do have a locked-in cost structure just waiting to grow as support becomes problematic. Existing customers will try to expand the capabilities of their installed DBMS and the yield on the support is far less than new sales.

I'd like to be sure I understand what you're saying. Do you predict that 1999 earnings will be worse than 1998? I predict they will be better.

I do have to add, however, that Q4 of 1997 was a shocker and you were right and I was wrong.