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


To: Michael Watkins who wrote (477)4/2/1999 10:12:00 AM
From: Ariella  Read Replies (1) | Respond to of 600
 
Michael -- PSFT just announced it will no longer give analysts guidance about future quarters. Guess that suggests there are a lot of unknowns near-term for these kinds of companies. I'm inclined to think that DCTM ought to do the same -- if projections are so difficult, why set-up the company to disappoint the Street? Better to say the situation is in flux -- that's credible since the problems are industrywide.

Lots of shortsellers piled on these shares this week, also lots of margin-related selling. This too shall pass. The company is not a fly-by-night firm.

Ariella