VTEL: Anyone else follow this? Message Board

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Technology Stocks : VTEL: Anyone else follow this?

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To: zturk who wrote (1194)	7/12/1999 11:39:00 PM
From: E_K_S	Read Replies (1) of 1214

Watch the company re-price the employee stock options too. A new CEO is what VTEL needs but they have very little time to get things going. Most importantly they need to upgrade their complete product line. It will take several quarters of work and restructuring. Look for another restructure charge to earnings. I see $3 before $6. I am looking to sell my last position at any price above $5 3/4. This was the price I got for my last lot when our CEO was on CNBC. Also note that CBOE options no longer trade on VTEL....this is not a good sign for the short run. I am glad I diversified into PLCM at $8 early last year...they continue to deliver (1) new products, (2) new contracts and (3) excellent growing earnings. EKS

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