| BUY | 31.200 | Bruce Campbell | Quite conceivable that it gets taken over and a takeover price would be $45. Will be reporting August 19 and he expects numbers to be pretty good. Cheap. | 2008-07-30 | |
| TOP PICK | 34.200 | Bruce Campbell | Content management software. Reporting good numbers. Really good growth. Going to have a seasonally very strong quarter coming. Takeover target. | 2008-06-13 | |
| BUY | 34.050 | David Burrows | If you are looking for growth, this one fits the bill. Have great return revenue. Had good success in license sales. There have been upward revisions in earnings estimates. | 2008-02-15 | |
| TOP PICK | 29.080 | Bruce Campbell | Enterprise Content Management. Has made a couple of takeovers and expect it will be taken out itself by the end of the year. Trading at about 13X earnings with good growth. | 2008-01-23 | |
| BUY | 29.930 | David Burrows | He likes the software space. A lot of these companies have very strong recurring revenues and both Open Text (OTC-T) and Oracle (ORCL-Q) are in this category but be aware of the views of the market. Good balance sheet. A Buy, but wait until the smoke clears. | 2008-01-18 | |
| TOP PICK | 32.710 | Robert McWhirter | Had a positive earnings surprise last week. Earnings estimates have gone up by 12% in the last 90 days. Thinks there’s a great opportunity for them in the collaboration space. A lot of mergers have occurred. Ranks in the top 10%. | 2007-11-07 | |
| BUY | 28.580 | Peter Hodson | Back on his radar screen as an acquisition candidate. Have cleaned up all their problems and now know how to report numbers and guide the street. Are guiding conservatively. | 2007-10-15 | |
| SELL | 28.110 | Brian Acker, CA | His model price is $28.92, which is only a 1% differential. | 2007-10-10 | |
| BUY | 27.250 | Alex Ruus | One of the cheaper stocks in the Canadian tech space. Had a pretty decent quarter. | 2007-09-04 | |
| DON'T BUY | 22.980 | Lesley Marks | Has been a strong consolidator in the software industry. Most of their growth has come through acquisition. Finds these situations to be a bit higher risk. Prefers organic growth. | 2007-06-26 | |
| Comment | 24.570 | Brian Acker, CA | His model price is $27.67, a 12.6% positive differential. He's finding more value elsewhere. | 2007-05-24 | |
| BUY | 26.040 | Hap (Robert) Sneddon FCSI | Likes the technology sector. Valuation is reasonable. Good upwards trend line. | 2007-05-08 | |
| DON'T BUY | 25.410 | Peter Hofstra | Recently bought Hummingbird. Stock has had a pretty good move. Couldn't see the long-term sustainability of this business. | 2007-04-30 | |
| Comment | 22.560 | Chyanne Fickes | Great little company. Everyone is focusing on their Hummingbird acquisition. Hummingbird's margins are smaller so there will be problems down the road. Trading at 14 X next year's earnings, which is tremendously cheap. | 2007-02-06 | |
| Comment | 23.850 | Jeff Parent | Looks like the stock has a lot of momentum behind it. If it gets up to $26, you are doing well. Use a stop loss of $22. | 2007-01-02 | |
| DON'T BUY | 20.050 | Peter Hofstra | When 2 companies that are really not leaders get together, typically, the sum is not greater than the parts. They did a phenomenal job filling a niche when the Internet/network was first happening. No long-term opportunity. | 2006-10-30 | |
| WEAK BUY | 20.250 | Robert McWhirter | Recently acquired Hummingbird. In the top 20% of his database. Earnings have been bumped up about 4% in the last 90 days. Could be an acquisition target. Doesn’t own, but is seriously considering. | 2006-10-25 | |
| SELL | 21.390 | John Zechner | Has had a nice move off the Hummingbird acquisition. Have been able to get some nice synergies. However, both companies were selling software that was not killer applications. | 2006-10-16 | |
| DON'T BUY | 21.440 | Robert Floyd | Has had a good run. Acquired Hummingbird (HUM-T) and would give it a quarter or two to see if management has spent too much time on the acquisition trail. | 2006-10-13 | |
| DON'T BUY | 20.150 | John Zechner | Their acquisition of Hummingbird doesn't really do anything for them. It's one sleepy company buying another. They don't have a great track record on acquisitions. | 2006-09-27 | |
| WATCH | 18.540 | Robert McWhirter | The deal with Hummingbird will allow them into areas where they have not been. Have some very interesting software. Ranks 172 which is on the borderline of the top 25%. Watching it closely. | 2006-09-15 | |
| Comment | 16.850 | Robert McWhirter | Acquiring Hummingbird (HUM-T) which should be positive. Open Text could also be acquired. Rents neutral in his model at 284. Earnings are expected to grow by the year end June ‘07 from $1.14 to $1.28 against a 13 P/E So it is not terribly expensive. | 2006-08-15 | |
| DON'T BUY | 15.050 | Howard Sutton | This company has to see licensed growth. Their main source of revenue is off their legacy installed base. | 2006-05-24 | |
| DON'T BUY | 18.510 | Peter Hofstra | They have been on the downside in the trend in technology. They were in a niche for information sharing but the need for that niche is disappearing. | 2006-04-11 | |
| DON'T BUY | 18.430 | Ian Ainsworth | Having a little rebound. His sense is that the company is showing that it is turning the corner after stumblig with their European acquisition. Still concerned about their ability to grow. Growth rate going forward is single digits, not double digits. | 2005-11-16 | |
| DON'T BUY | 18.290 | Howard Sutton | Not growing. Markets are tough. They are looking at making it a more efficient operation. A competitive environment and not sure they can grow their revenue. | 2005-11-09 | |
| PAST TOP PICK | 16.130 | Pierre Bernard | (Past Top Pick April 18/05. Down 17%.) Made a wrong call on this one. It is attractive at the current level. One of the cheapest softwares you can find around. It has problems that he had underestimated. Didn't sell. Believes there is some potential here, but only for people who like risks. | 2005-10-17 | |
| WEAK BUY | 15.070 | Robert McWhirter | Has had huge interests from customers because of Sarbanes-Oxley act. They have access to the e-mailing archiving side as well as content management. Looks like it's within 7% of a bottom. Model doesn't like it because of disappointments and negative earnings estimate revisions. Would buy a little if the market pulls back and then wait and see. | 2005-09-15 | |
| DON'T BUY | 14.650 | Peter Hofstra | Had a strong niche of sharing documents between offices of the same franchise globally. That niche is now basically being built into networks. They are running the risk of becoming obsolete. | 2005-08-22 | |
| DON'T BUY | 17.380 | Peter Hofstra | They did a great job finding a niche that was unserved as technology was really rolling out. Gradually standardization of technology has made the problem of sharing documents invisible. | 2005-06-29 | |
| TOP PICK | 20.220 | Pierre Bernard | Troubles are not over, but at a good price to buy it back. The problem is not the company, but is the stock market and giving guidelines. One time they gave wrong guidelines and investors don't like this. At the current price, the stock has great potential. | 2005-05-31 | |
| DON'T BUY | 19.070 | Peter Hofstra | Likes to Buy businesses for the long term with the goal of a stock worth more in 3 years than at present. This company has done a great job in filling a niche in terms of document sharing but that niche is closing off rapidly. | 2005-04-19 | |
| TOP PICK | 19.260 | Pierre Bernard | Attractive at the current price. Could be a takeover target some day. | 2005-04-18 | |
| DON'T BUY | 18.740 | Robert McWhirter | Recently stated that earnings would not be as expected because of some large contracts that had slipped in the most recent quarter. The stock ranks 500 out of 700 in his database. | 2005-04-14 | |
| DON'T BUY | 20.780 | David Baskin | Getting killed in the after-market. A huge profit warning. Downside as much as 35%. Missed revenue. | 2005-04-11 | |
| BUY | 21.020 | Martin Hubbes, CFA | They are in the document management business. This is a huge issue for companies, archiving e-mails, retrieving them for legal puposes, managing work flow and document flow. This is a terrific growth area. We are in the early days of this industry, so it can be volatile. Relatively cheap. | 2005-03-21 | |
| BUY | 20.950 | Ray Steele | Beat the street with their earnings. Has been some good research on it. Have good products. The sector has been under pressure in general. Worthy of being in a portfolio of tech stocks. | 2005-03-17 | |
| SELL | 21.330 | David Burrows | Despite repeated pretty good rallies in the market, the software group and NASDAQ has underperformed the rest of the market. This stock is seeing a de-acceleration in its revenue growth. | 2005-03-14 | |
| WEAK BUY | 21.920 | John Zechner | Rumours of an investigation by OSE, but would be suspicious of the source. Likes the business and the enterprise management space. Great cash generation. Good valuation in the tech sector. | 2005-03-09 | |
| BUY | 24.240 | John Zechner | Has gone through a lot of turmoil over the last year. The content management is doing very well and is a growing area because of all the regulations in the US. Good price. A lot of cash on the balance sheet. | 2005-01-31 | |
| WEAK BUY | 24.250 | Ian Nakamoto | Wouldn't be his #1 pick in the software space. Prefers Cognos. | 2005-01-05 | |
| BUY | 20.600 | John Zechner | Their German acquisition has been a harder consolidation than a lot of their acquisitions. If they hit their guidance for the June year end it should go 20/30% higher. Software and wireless are the 2 areas you want to be in in the tech area. | 2004-12-08 | |
| DON'T BUY | 21.200 | Laura Wallace | Looks expensive at 30 X earnings. Management has very aggressive targets in terms of earnings which increases the risk of a miss. Have had misses over the last year or so. Also some accounting questions. | 2004-12-06 | |
| HOLD | 22.250 | Bill Carrigan | 5 year chart shows a lot od support. Has recently dropped back to its support level and if it holds here, it's fine. Keep an eye on the long term trend lines. | 2004-11-26 | |
| DON'T BUY | 20.980 | Laura Wallace | Not sure that all the bad news is in the stock. Earnings forcast is still optimistic. Still some risks that the company could disappoint. Not expensive at 15 X earnings. | 2004-11-01 | |
| DON'T BUY | 18.430 | Peter Brieger | Prefers Geac. Looking at the chart patterns, it is terrible compared to Cognos or Geac. | 2004-10-28 | |
| WAIT | 18.960 | John Zechner | Will find out a lot more tomorrow when the earnings come out. Industry is doing very well. May have bitten off more than they could chew with their German acquisition. | 2004-10-27 | |
| WEAK BUY | 18.840 | Brian Acker, CA | All the stocks that have been crushed over the last several months are open to tax loss selling. It should hold here, but could drop another 10% or so. | 2004-10-26 | |
| DON'T BUY | 18.840 | David Burrows | Companies have not been spending money on software as expected. | 2004-10-25 | |
| DON'T BUY | 19.390 | Ian Ainsworth | Not sure the company has the ability to grow beyond the one product. Making acquisitions and absorbing them is a real tough game. | 2004-10-19 | |
| DON'T BUY | 23.070 | Michael Smedley | The stock is well down from it's highs. Software is not one of my favorites. | 2004-09-22 | |
| BUY | 23.600 | Brian Acker, CA | Model price is $28.64 based on the revised earnings. | 2004-09-10 | |
| DON'T BUY | 23.450 | David Burrows | Stronger Cdn$ is hurting. Reported lower than expected licence sales. Has broken all kinds of technical support. Industry is being very cautious on their spending. | 2004-09-02 | |
| WEAK BUY | 21.630 | Fred Pynn | One of the few tech. stocks that actually makes money. | 2004-08-31 | |
| VAGUE | 28.580 | Glenn Paradis, BA, CFA | There is a risk to invest. However, there is a reasonable annual growth for next 12 - 18 months. At this level, this is reasonable attractive. | 2004-08-26 | |
| BUY | 29.080 | Bruce Campbell | Analysts are split between this and Cognos. Prefers this with its international exposure and its broader product line. Not a bad entry point. | 2004-08-25 | |
| BUY | 29.450 | Martin Hubbes, CFA | At a good price. Has fallen off because software companies in general have come off and some questions of write-offs. In the midst of a merger. | 2004-08-23 | |
| DON'T BUY | 28.230 | Gavin Graham | Wonderful product. Like all software companies, they're not selling as many programs as it hoped. Doing a takeover which looks fairly attractive, but tech is not where the market wants to be at this time. Have confidence in their long-term future. | 2004-08-12 | |
| DON'T BUY | 32.100 | David Burrows | Their models for US and Canadian stocks are all defensive. Software sector has had a difficult time. A lot of the analysts are cutting their estimates. | 2004-08-03 | |
| DON'T BUY | 35.670 | Ian Ainsworth | It has been benefiting from context management. A little concerned that their acquisitions muddy the water a little and true growth may be hidden. | 2004-07-13 | |
| BUY | 35.470 | Robert McWhirter | (Past top pick June 2, 2004, down 8%) Earnings have better visability. Good opportunities. Cheap. | 2004-07-09 | |
| BUY | 35.100 | Peter Hodson | A very well-run company. Have been guiding up for the last few quarters. If they fall victim to the rest of the industry's problems they could be vulnerable. | 2004-07-08 | |
| WAIT | 35.100 | Andrew McCreath | Expect they will make their numbers. Some software firms have had to give warnings. Wait to see if they maintain guidance. | 2004-07-08 | |
| DON'T BUY | 38.620 | Brian Acker, CA | They just completed an acquisition which increased their balance sheet which he doesn't like. Their model price is $31. | 2004-07-06 | |
| STRONG BUY | 40.010 | John Zechner | A great story. The collaboration market that they are centered on is growing better. A big deployment in their software. Good valuation and good growth. | 2004-06-23 | |
| TOP PICK | 38.170 | Robert McWhirter | (A top pick Feb 12/04. Down 3%.) Still very good opportunities/outlook for it. Ranks in the top 20% of the database. In the last quarter, an earnings surprise of 16% and sales were up 45% and earnings up 53%. | 2004-06-02 | |
| BUY on WEAKNESS | 38.600 | Larry Berman CFA, CMT, CTA | The uptrend has been pretty strong over the last year, but there is now a loss of momentum which mirrors the NASDAQ. Expect overhead resistance at about $42/43 for the next year. | 2004-05-31 | |
| BUY on WEAKNESS | 34.860 | Hugh McCauley | Reported strong earnings, but stock took a drop. Market is going to be very skittish for the next 3/4 months. Just made a good acquisition which haven't shown up in their numbers yet. | 2004-05-13 | |
| BUY | 34.250 | John Zechner | Just had a bit of weakness which makes it a buying opportunity. Enterprise management space is growing dramatically. High profit margins. Trading at 23 X forward earnings. | 2004-05-06 | |
| BUY | 40.400 | Hugh McCauley | In that fantastic space. Have the best product in the market. Have just made an excellent acquisition in Europe. | 2004-04-19 | |
| BUY | 39.190 | David Burrows | Acting like a champ. Growth rate is very strong. Would like to own. Hold. | 2004-03-31 | |
| PAST TOP PICK | 39.050 | Ron Meisels | (A top pick Feb 6/04. Up 6%.) Had a huge base building. A little bit ahead of itself now so take some profit if you own. Buy back at around $32. | 2004-03-17 | |
| WAIT | 38.490 | David Burrows | Business is growing very nicely. The stock is performing extremely well especially considering the softness in software companies in general. If it can hold in its uptrend, through this correction, it's a good sign. Wait for the market to firm up. | 2004-03-15 | |
| DON'T BUY | 40.290 | Larry Berman CFA, CMT, CTA | About two months ago, stock had a big gap and broke above its October high. That gap will get filled sometime, so wait for that pullback. Meeting some resistance around $40. | 2004-03-03 | |
| DON'T BUY | 36.570 | David Burrows | Has been the best performer in the large software companies in Canada. There is weakness showing in the software sector. | 2004-02-24 | |
| BUY | 39.620 | Gavin Graham | Good product. Fundamentals are now being recognized by the market. | 2004-02-17 | |
| DON'T BUY | 39.350 | David Chapman | Could go a bit higher, but the indicators are beginning to flash warning signs. 200 day moving average is around $26. Keep a 10% stop loss on it. | 2004-02-13 | |
| TOP PICK | 40.250 | Robert McWhirter | New acquisition will be very powerful for them. Good earnings growth. | 2004-02-12 | |
| TOP PICK | 34.960 | Ron Meisels | Had huge base, and a successful breakout. Wait for pullback. | 2004-02-02 | |
| BUY on WEAKNESS | 35.700 | Bruce Campbell | Likes. Have real earnings. Had a target of $40 a month ago which would have been good, but is close to that now. | 2004-01-27 | |
| BUY | 34.450 | Andrew McCreath | Delivering applications to their customers, which give a very quick payback. Not that expensive. A little concerned with the transatlantic integration needed for their German acquisition. | 2004-01-26 | |
| TOP PICK | 32.900 | Peter Hodson | Earnings were great. Now the biggest player in the world in their space. This will allow international investors to buy. Relatively cheap. | 2004-01-23 | |
| BUY | 23.820 | Bob Stodgell | Has been a little weak lately. Have just made an acquisition and if it goes through smoothly, will be a major one. Growing at a good pace. | 2003-11-19 | |
| BUY | 25.410 | Gavin Graham | Great technology. Software, which makes people money or sales easier, has done very well. Not particularly cheap, but not a bad time to be in on it. | 2003-11-06 | |
| DON'T BUY | 26.610 | David Burrows | Have some applications which are very effective for remote access. Haven't seen huge pickups in revenues. Has been volatile. | 2003-11-03 | |
| DON'T BUY | 23.650 | Glenn Paradis, BA, CFA | There was a little disappointment in license growth. Made a large acquisition, which creates worries on integration. These levels are top dollar. Good company. | 2003-10-24 | |
| DON'T BUY | 56.770 | Brian Acker, CA | The 2-1 stock split was no surprise. A little overvalued. Model price is below current price. Has momentum. | 2003-10-17 | |
| WEAK BUY | 52.100 | Paul O'Neil | Likes the company. Getting expensive. | 2003-09-08 | |
| DON'T BUY | 38.000 | Brian Acker, CA | Their model price is $29.50.Pretty close to fully valued. | 2003-08-12 | |
| PAST TOP PICK | 35.200 | John Zechner | (Was at top pick on May 16, 2003. Down 16%.)Still likes.Huge cash generation.This is an area where companies are spending. | 2003-08-07 | |
| DON'T BUY | 35.100 | Gavin Graham | They have a good product.Earnings have been flat.Management has not been delivering. | 2003-08-06 | |
| DON'T BUY | 36.010 | Robert McWhirter | Has broken down through the 50 day moving average. P/E is not cheap.Ranks in the middle of their Quant database model. | 2003-07-31 | |
| DON'T BUY | 40.900 | Robert McWhirter | Ranks in the middle of their database. Questions on their tax treatment. May be fully valued. | 2003-07-09 | |
| DON'T BUY | 39.160 | Kyle McKay | Doesn't believe there is any organic growth. Growing through acquisition. Trading at too high a multiple. | 2003-07-03 | |
| PAST TOP PICK | 44.600 | Robert McWhirter | (Was a top pick on Apr 3/03. Up 4%.) | 2003-06-06 | |
| TOP PICK | 41.700 | John Zechner | Doing exceptionally well and the stock is very cheap. | 2003-05-16 | |
| BUY | 42.000 | John Zechner | Generating a lot of cash. Good growth. Making acquisitions. | 2003-04-28 | |
| DON'T BUY | 49.250 | Lou Schizas | Has gotten ahead of itself with its last spike. There could be a selloff on their quarterly report which comes out on the 23rd. | 2003-04-22 | |
| TOP PICK | 42.460 | Robert McWhirter | Should have good earnings. | 2003-04-03 | |
| BUY on WEAKNESS | 42.380 | Robert McWhirter | Ranks extremely well in their quant model. Market expected to drop and this will drop with it. Buy then. | 2003-01-24 | |
Experts that have talked about Open Text
Rss Top Picks Feed