VTEL: Anyone else follow this? Message Board

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Technology Stocks : VTEL: Anyone else follow this?

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To: RIMZIM who wrote (766)	9/24/1997 7:29:00 PM
From: Daniel P. Dwyer	of 1214

It appears that you are optimistic in your pessimism. Losses were much worse that either Zacks or you have indicated. With that having been said, I don't know if there is anyway that you can compare this performance given the merger. Seems to me that Mr. Moeller is in serious need of a reality check with his rosy comment. I mean the loss is 2.5 X what the consensus was looking for. If the stock does not go down big time tomorrow then the only interpretation of today's reports is that they have gotten all of the earnings drag behind them. I don't know about that. The demand is simply not there to boost revenues much beyond $55 million per quarter. Even without the restructuring, Vtel still did not meet Zack's consensus.

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