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Technology Stocks : VTEL: Anyone else follow this?
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To: E_K_S who wrote (773)9/24/1997 8:45:00 PM
From: Yeadon   of 1214
 
Being negative on VTEL for some time,the huge loss did not surprise me. But I am suprised that the rev's were as high as they were, given that their sales force was out of the field for 3 weeks this Q, so the figure is better than I expected (38-42million). Not sure how stock will react tomarrow, depends on their book-to-bill and likelihood of when they will return to profitability. Need to announce some big contracts, like the Nortel deal. Yeadon
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