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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: jackhach who wrote (2913)	11/29/1998 9:39:00 PM
From: Michael Watkins	Respond to of 13797

Jack, Perhaps I'm overly sensitive to pumpers and dumpers because there is so much of that going on. I tried in my post to convey that I wasn't accusing you of that, but on the surface your posts sounded like p&d. Having once followed this thread myself, back about the time you joined it in earnest, I know that you and others have continued to try to analyse the company's situation objectively and in great detail. On the other hand, I still haven't seen a lot of progress, even after having read, quickly, the last hundred or so posts. EB still isn't shipping, and won't be in any sort of volume for some time. Still delisted. Still losing money. Revenues are down. Still no link to EB marketing literature on the home page! I hope for Altris, its customers and investors, that this truly is a turnaround story, but I fear you'll get a cynical "show me" attitude from more than just me. Those of us that now or have actively worked in the industry are going to be hard to impress. Candidly and with no malice intended, it seems to me an incredible uphill battle for Altris, and many of the smaller players. There are signs of trouble at more than one of these companies, public and private alike. Good luck all!

To: jackhach who wrote (2913)	12/1/1998 10:50:00 AM
From: bob zagorin	Respond to of 13797

Jack, I appreciate your work. Thanks. Here's another buyout offer in this sector. Maybe it will give you some benchmarks to play with. Open Text Agrees to Buy PC Docs for $112.7 Million Dow Jones Newswires WATERLOO, Ontario -- Canadian software concern Open Text Corp. said Tuesday that it has offered to buy fellow software maker PC Docs Group International Inc. in a stock-swap with an indicated value of $112.7 million. Open Text said it offered to swap one share for every four shares of PC Docs. Based on Open Text's closing price Monday of $18.313, each PC Docs share would be worth $4.58, a 38% premium for PC Docs, which closed Monday at $3.313. Both issues trade on Nasdaq Stock Market. At the end of its fiscal first quarter in September, PC Docs had 24.6 million diluted shares outstanding. Open Text said the merger would require approval from the courts and the companies' boards. Open Text requested a response from PC Docs by Dec. 8. "We believe there is a natural synergy between the document management customer base of PC Docs and our Web-based collaborative knowledge management products," said Open Text Chief Executive Tom Jenkins. "By joining forces, we believe our combined operations would achieve increased efficiencies and enhanced support for our existing and new customers and would result in increased value for the shareholders of both companies." Open Text's Livelink intranet software allows workgroups to find, organize and manage information and collaborate on projects. Toronto-based PC Docs also makes document and database-management software.

To: jackhach who wrote (2913)	12/2/1998 11:24:00 PM
From: bob zagorin	Read Replies (3) \| Respond to of 13797

i was going thru some files and found this. anyone know the status of the Data General agreement. has it been terminated or will they follow thru with the pending release. "...Altris and Data General ink OEM agreement Tuesday, September 30, 1997, 9:05 AM Data General (Westboro, MA, dg.com) has signed a 6,500-seat OEM agreement with Altris Software (San Diego, altris.com) for its Altris EB enterprise-wide multi-media document management system. "We expect to sell more than 25,000 licenses of Altris EB over the next five years," said Michael Fowler, director of Data General's Imaging and Document Management business unit. The agreement adds Altris EB, introduced in April and designed for high-volume production imaging, to an existing OEM agreement involving Altris' AV Image product line.... "