After a couple of years of tight budgets and project deferrals, Open Text Corp. can look forward to better demand for its enterprise software next year, says a new report from Canaccord Adams. As a result, shares in the Waterloo based tech company are ready to run again.  . "We believe that the forces driving Open Text's (and the broader enterprise software group's) lacklustre performance throughout 2009 are coming to an end," said analyst Dushan Batrovic in a research note. . "While the typical Q4 budget flush is expected to be subdued relative to other years, we nevertheless expect a sequential pick up in demand." 
Share:  After a couple of years of tight budgets and project deferrals, <span class="company">Open Text</span> Corp. can look forward to better demand for its enterprise software next year, says a new report from Canaccord Adams. As a result, shares in the Waterloo based tech company are ready to run again.  <span class="sent"> . "We believe that the forces driving <span class="company">Open Text</span>'s (and the broader enterprise software group's) lacklustre performance throughout 2009 are coming to an end," said analyst <span class="analyst">Dushan Batrovic</span> in a research note. </span> . "While the typical Q4 budget flush is expected to be subdued relative to other years, we nevertheless expect a sequential pick up in demand." Tweet this 

The Toronto area company priced a previously announced share offering at $41.5 a share and increased the number of shares to be sold to at least 4.5 million. Investors may be interpreting the offering as a sign of demand for SXC shares, said Dushan Batrovic , an analyst who covers Canadian technology companies for Canaccord Adams Inc. SXC shares have doubled this year. To contact the reporter on this story: Matt Walcoff in Toronto at mwalcoff1@bloomberg.net . 
Share:  The Toronto area company priced a previously announced share offering at $41.5 a share and increased the number of shares to be sold to at least 4.5 million. <span class="sent"> Investors may be interpreting the offering as a sign of demand for <span class="company">SXC</span> shares, said <span class="analyst">Dushan Batrovic</span> , an analyst who covers Canadian technology companies for Canaccord Adams Inc. <span class="company">SXC</span> shares have doubled this year. </span> To contact the reporter on this story: Matt Walcoff in Toronto at mwalcoff1@bloomberg.net . Tweet this 

Canaccord Adams downgrades Open Text (Nasdaq: OTEX ) from Buy to Hold, citing valuation and lackluster channel checks. The firm is maintaining their $36 price target. Canaccord analyst Dushan Batrovic said, "The rating change is driven partially by share price appreciation and partially by our channel checks, which have picked up on some pipeline disruptions over the past few weeks.". Batrovic said while they have not seen evidence of a collapse in activity, contacts have become incrementally more bearish in the past month. 
Share:  Canaccord Adams downgrades <span class="company">Open Text</span> (Nasdaq: OTEX ) from Buy to Hold, citing valuation and lackluster channel checks. The firm is maintaining their $36 price target. <span class="sent"> Canaccord analyst <span class="analyst">Dushan Batrovic</span> said, "The rating change is driven partially by share price appreciation and partially by our channel checks, which have picked up on some pipeline disruptions over the past few weeks.". </span> Batrovic said while they have not seen evidence of a collapse in activity, contacts have become incrementally more bearish in the past month. Tweet this 

RIM's earlier $66-million offer for Certicom was withdrawn after a Ontario Superior Court ruling that determined the BlackBerry maker had breached two non-disclosure agreements it signed with Certicom. RIM's second bid was predicted by Canaccord Adams analyst Dushan Batrovic, who wrote in a recent note that the company has plenty of reasons to respond with another offer.  
Share:  <span class="company">RIM</span>'s earlier $66-million offer for Certicom was withdrawn after a Ontario Superior Court ruling that determined the BlackBerry maker had breached two non-disclosure agreements it signed with Certicom. <span class="sent"> <span class="company">RIM</span>'s second bid was predicted by Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span>, who wrote in a recent note that the company has plenty of reasons to respond with another offer. </span>...<span class="sent"><span class="company">RIM</span>'s second bid was predicted by Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span>, who wrote in a recent note that the company has plenty of reasons to respond with another offer. </span> "As a profitable Canadian company, <span class="company">RIM</span> should be able to take better advantage of Certicom's tax losses than VeriSign," he said, estimating 80 cents per share in value from these losses. Tweet this 

Analysts surveyed by Thomson Reuters expect EPS of $2.17 for 2008, up 24% from 2007. Canaccord Adams analyst Dushan Batrovic has urged caution with Cerner and other health care IT stocks. He thinks much of the IT spending in 2008 was committed in the brighter days of 2006 and 2007. The pain of 2008 could mean less spending in 2009. In the long term, the stimulus deal should help. 
Share:  Analysts surveyed by Thomson Reuters expect EPS of $2.17 for 2008, up 24% from 2007. <span class="sent"> Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span> has urged caution with <span class="company">Cerner</span> and other health care IT stocks. </span> He thinks much of the IT spending in 2008 was committed in the brighter days of 2006 and 2007. The pain of 2008 could mean less spending in 2009. In the long term, the stimulus deal should help. Tweet this 

Analysts surveyed by Thomson Reuters expect EPS of $2.17 for 2008, up 24% from 2007. Canaccord Adams analyst Dushan Batrovic has urged caution with Cerner and other health care IT stocks. He thinks much of the IT spending in 2008 was committed in the brighter days of 2006 and 2007. The pain of 2008 could mean less spending in 2009. In the long term, the stimulus deal should help. 
Share:  Analysts surveyed by Thomson Reuters expect EPS of $2.17 for 2008, up 24% from 2007. <span class="sent"> Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span> has urged caution with <span class="company">Cerner</span> and other health care IT stocks. </span> He thinks much of the IT spending in 2008 was committed in the brighter days of 2006 and 2007. The pain of 2008 could mean less spending in 2009. In the long term, the stimulus deal should help. Tweet this 

"We believe there is a reasonable chance of RIM coming back with a higher friendly offer for Certicom and so expect the stock price to modestly exceed VeriSign's offer," said Canaccord Adams analyst Dushan Batrovic. Certicom closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that RIM has plenty of reasons to respond with another bid. 
Share:  <span class="sent">"We believe there is a reasonable chance of RIM coming back with a higher friendly offer for Certicom and so expect the stock price to modestly exceed <span class="company">VeriSign</span>'s offer," said Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span>. </span> Certicom closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that RIM has plenty of reasons to respond with another bid. Tweet this 

"We believe there is a reasonable chance of RIM coming back with a higher friendly offer for Certicom and so expect the stock price to modestly exceed VeriSign's offer," said Canaccord Adams analyst Dushan Batrovic. Certicom closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that RIM has plenty of reasons to respond with another bid. 
Share:  <span class="sent">"We believe there is a reasonable chance of <span class="company">RIM</span> coming back with a higher friendly offer for Certicom and so expect the stock price to modestly exceed VeriSign's offer," said Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span>. </span> Certicom closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that <span class="company">RIM</span> has plenty of reasons to respond with another bid. Tweet this 

"We believe there is a reasonable chance of RIM coming back with a higher friendly offer for Certicom and so expect the stock price to modestly exceed VeriSign's offer," said Canaccord Adams analyst Dushan Batrovic. Certicom closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that RIM has plenty of reasons to respond with another bid. 
Share:  <span class="sent">"We believe there is a reasonable chance of RIM coming back with a higher friendly offer for <span class="company">Certicom</span> and so expect the stock price to modestly exceed VeriSign's offer," said Canaccord Adams analyst <span class="analyst">Dushan Batrovic</span>. </span> <span class="company">Certicom</span> closed at $2.34 on Friday, up 40% on the day. Mr. Batrovic does not expect much more than 10¢ to 30¢ of upside. However, he did note that RIM has plenty of reasons to respond with another bid. Tweet this 

Mr. Rhee said he believes Certicom will end up being acquired for C$2 to C$2.50 a share. Canaccord Adams' Dushan Batrovic said in a note Tuesday that he believes Certicom will ultimately end up being acquired by RIM in a friendly offer in the C$2-C$3 range.  
Share:  Mr. Rhee said he believes Certicom will end up being acquired for C$2 to C$2.50 a share. <span class="sent"> Canaccord Adams' <span class="analyst">Dushan Batrovic</span> said in a note Tuesday that he believes Certicom will ultimately end up being acquired by <span class="company">RIM</span> in a friendly offer in the C$2-C$3 range. </span> Tweet this