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Technology Stocks : Santa Cruz Operation (SCOC) Going Up? -- Ignore unavailable to you. Want to Upgrade?

To: HIA who wrote (356)	1/26/1999 6:11:00 PM
From: Jatin Kadakia	Read Replies (1) \| Respond to of 656

Year end estimate is for .31 which will probably be raised to .45 to .50 considering they beat estimates by 60% or more in recent two qtrs. At .50 year-end PE and reasonable top line growth, the company deserves PE of 25 to 30 which should move the price to 12-15 range by end of Sept. Revs will be enhanced significantly as IBM deal kicks in full form. I am starting to feel real good about the prospects. Nice to see that all regions of the world provided good revenues. Wonder how it will behave tomorrow. I believe that with the price stabilizing above 5 for sometime will bring in other MMs to follow the company. Also I would like SCOC to execute their plan before entertainig any takeout offers. At the same time they should not become complacent as a result of nice two qtrs. Now that technical machine is in full gear, they should bring themselves to the attention of WS. All in MHO. regards, JK