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OPEN TEXT COMPANY

Company Profile

Open Text was one of the first World Wide Web companies to develop a spider that would read all text on a webpage. Yahoo says, "Open Text Corporation markets, develops, licenses and supports software for use in intranets, extranets and the Internet. The software enables the user to find electronically stored information and work together in collaborative processes."

Acquisition Costs

date: Oct. 27, 1998
Buy 100 Shares @ 11 1/2 OTEXF OPEN TEXT COMPANY $1,150.00
Commission $25.00
TOTAL $1,175.00

Capital Gains

Sale Date: Decmeber 11, 1998
SOLD 50 @ 18 3/8 (less commission)

Net proceeds from the sale. $903.76
Less acquisition costs = net profit before taxes (Capital Gains) $316.26

Sale Date: January 12, 1999
SOLD 25 @ 26 3/16 (less commission)

Net proceeds from the sale. $639.71
Less acquisition costs = net profit before taxes (Capital Gains) $360.93

Sale Date: May 4, 1999
SOLD 20 @ 36 5/16 (less commission)

Net proceeds from the sale. $711.30
Less acquisition costs = net profit before taxes (Capital Gains) $476.30

Balance of stock = 5 shares


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