Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (19781)	1/8/2002 3:30:42 PM
From: Sully-	Read Replies (1) of 99280

15:27 ET Veritas Software (VRTS) 47.29 +0.59 (+1.3%): Co says during the Salomon Smith Barney conference that their pipeline is as strong as its ever been, sales cycle hasn't expanded much, and number of large deals has continued to be strong; Q4 will be even better than Q3. Int'l mkts doing very well, particularly Europe in Q4; co hasn't had "breakout" in Japan they were hoping for, but sees "nice growth" out of Japan/Asia. Expects to grow at 34% this year. Balance sheet should be even better in Q4 than Q3, good cash flow continues.

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