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Technology Stocks : Omega Research (NASDAQ:OMGA) -- Ignore unavailable to you. Want to Upgrade?

To: NotNeiderhoffer who wrote (256)	2/26/1999 7:29:00 PM
From: Never Hibernate	Read Replies (1) \| Respond to of 516

Unlike some other good shorts, where scams are targeted, OMGA is not a scam. Nevertheless, it is grossly overvalued - their product still costs a fortune and will keep most people from using it - and then there are the expensive quote feeds that go with it. I tested their product for a month as I discussed in a previous post and was not overwhelmed considering the price - it seemed like it was worth $200 - not $1700. Granted, I have not seen their new product and it may very well be improved, but for the stock to quadruple makes no sense. I see very little support left for this stock...I think my crystal ball is right for Monday - as for the stock getting back to the 5-6 range eventually, we shall see. -NH