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


To: Platter who wrote (406)2/2/1999 12:50:00 PM
From: T120Expert  Respond to of 600
 
Hi,

Can you tell us why you think DCTM will be back to 30-35 by month end? Don't get me wrong, I'd very much like to see that happen too. I got in at $31.00, and it's been dropping like a rock since.

Thanks,

T120



To: Platter who wrote (406)2/2/1999 3:57:00 PM
From: Tokyo VD  Respond to of 600
 
Platter,

I'd like to believe your theory, but someone is using Instinet to pound the heck out of the stock. The bulls are quietly pacing around the name (which is remarkable given that almost every one of them picked up coverage in the last year at $40).

So, we have a group that is supposed to defend stocks when they are down that is refusing to say anything until the stock acts better.

The absurdity is not lost on me or my portfolio.

Tokyo