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

To: ahhaha who wrote (2551)	11/16/1998 7:42:00 PM
From: hasbeen101	Read Replies (1) \| Respond to of 3194

By the way there is no let-up in the persistent selling going on in the stock. It looks like the shares could get down to 2! As far as the company buying back stock they will be the only bidders. I sure hope the company gets the opportunity to buy-back lots of stock at 2. Based on likely 1999 earnings of 20 cents, that would be a P/E of 10. For a company growing its revenues at 30%, I would say that is a pretty good buy. While there is a lot of "blue sky" prognostication on this thread, you are correct in observing that the stock price doesn't reflect it. In my mind, that creates a long-term buying opportunity. Any ODIS stock bought at 4 will be a good investment long-term even if the revenue growth keeps chugging along at 30%.