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Technology Stocks : Documentum (DCTM) Software -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (354)	1/19/1999 1:24:00 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 600

Amazing drop today. I held a small position over the weekend and wish I had closed out and reopened today. Methodology prevents me from buying again unless strong positive momentum develops. Hmnn. As far as earnings speculation, I can't comment specifically on DCTM but as I work in the DM industry I can say that sales for my firm has been very strong, and it looks like the trend is continuing. We have a ton of business in the pipeline and sales have been tracking our historical win rates. Assuming that DCTM, FILE, DOCSF, OTEXF are all doing about the same (we work with two of the four), there should be some good performances, not poor ones, coming out for this quarter and next at least. Orgs buying DM aren't going to stop because of Y2K or they'd have stopped last quarter or earlier. Michael