Open Text Preliminary Second Quarter Results Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Scott Penner - TD Newcrest - Analyst : Thanks very much. Just if you could give any areas of particular geographic strength and then connected with that the year-over-year currency impact on revenue growth.

Question: Scott Penner - TD Newcrest - Analyst : Thank you.

Question: Paul Steep - Orion Securities - Analyst : Maybe you could talk a little bit, I know you don't have the exact ASP number, but just were there any big deals that skewed it, and then secondly, Tom, on license growth what is your take on the market if we look for it with guidance? Thank you. without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. JANUARY 08, 2004 / 10:30PM, OTEX.TO - Open Text Preliminary Second Quarter Results

Question: Paul Steep - Orion Securities - Analyst : Thank you.

Question: Jeff Fan - UBS - Analyst : Congratulations. You mentioned I guess in the past that Livelink growth has been driven by customers that were very cost-conscious, as well as with the intention of investing in collaboration, but can you speak more specifically going forward how sustainable the factors that helped you grow this quarter going forward over the next twelve months?

Question: David Shore - Desjardins Securities - Analyst : Do you have any idea yet what percent of license revenues from new customers versus existing? without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. JANUARY 08, 2004 / 10:30PM, OTEX.TO - Open Text Preliminary Second Quarter Results

Question: David Shore - Desjardins Securities - Analyst : Thank you.

Question: Scott Kessler - Standard & Poor's - Analyst : I was wondering if you could talk a little bit about any favorable impact that you saw from companies willing to make purchases based to some extent on noise related to the acquisition of documents by EMC. Was it your perception that existing and potential customers were perhaps looking to you because you would in theory be more hardware agnostic? Thanks a lot. '

Question: Scott Kessler - Standard & Poor's - Analyst : Thank you.

Question: Bradley Whitt - Southwest Securities - Analyst : With the tender coming up on Friday, can you tell us when will the XDOS (ph) revenue and expenses start hitting your income statement?

Question: Bradley Whitt - Southwest Securities - Analyst : So like early February, that would be the earliest?

Question: Bradley Whitt - Southwest Securities - Analyst : Thank you.

Question: David Wright - BMO Nesbitt Burns - Analyst : Thank you very much, congratulations. By doing the math as best I could here you got a higher proportion of license sales than past quarters. I'm just wondering what that reflects. Is that your two deals over $1 million, there's a $5 million deal there, or two $3 million deals, or is it because you just signed these things at the end of the quarter and we should expect further services revenues to come?

Question: David Wright - BMO Nesbitt Burns - Analyst : Fantastic. Thanks very much.

Question: Brandon Osten - Sprott Securities - Analyst : My questions have been answered, thanks. Congratulations.

Question: Mike Abramsky - - Analyst : Congratulations. Just a housekeeping question. What effective tax assumption are you using in your preliminary EPS estimates?

Question: Mike Abramsky - - Analyst : So that was about 29 percent, I think.

Question: Mike Abramsky - - Analyst : 30 percent, okay, thanks.

Question: Byron Barry - National Bank Financial - Analyst : Congratulations. Is this strong quarter sort of a paying Peter from Paul? Will this next quarter be a little light and do you have any linearity statistics from this quarter and prior quarters on a monthly basis to back up your answer one way or the other?

Question: Byron Barry - National Bank Financial - Analyst : How about monthly linearity like 20 20 60 or how did license revenues book?

Question: Byron Barry - National Bank Financial - Analyst : Great. Congratulations.