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


To: BEEJAY who wrote (2662)12/29/1998 3:00:00 PM
From: Bob Trocchi  Respond to of 3194
 
beejay...

>>Here we go DOWN again :-( !!! <<

Not to worry. Day to day fluctuations will drive you crazy. If you are a long term investor in this stock it will repay you. If you are a day trader, then go watch the Internet stocks. They have some great daily swings. I would not be surprised to see ODIS retreat to about 6 of so. Please note I am not a TA person, just looking at some past performance.

Bob T.



To: BEEJAY who wrote (2662)12/30/1998 8:43:00 PM
From: hasbeen101  Read Replies (1) | Respond to of 3194
 
As others usch as Peter Lynch have said, why is it that people like it when the price of valuable goods that they can buy goes down, except with shares?

I loved the recent drop to $4, and bought more at that level. I think the earnings next year should be at leat 25 cents, which means I bought ODIS at a 1999 P/E of 16. Even though none of us likes 30% revenue growth, to buy a stock growing like that on a P/E of 16 is wonderful value.

I agree with Bob that it's not worth worrying about daily fluctuations. Many days, ODIS goes down or up 10%. It's the earnings and revenue fluctuations that I think really matter.