Veramark Technologies Inc. (Nasdaq: VERA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA)

VERA 25.92

-8.9%

Nov 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E. Graphs who wrote (96)	6/7/1999 12:43:00 AM
From: J_W	Read Replies (1) of 221

Hi E, If this support at 6 breaks then I am afraid we will see low 5's again. But given this company's improving financials, this should be short term. Many of the softwares are suffering from this perceived "Y2K has affected sales" thing. Whether there is such an effect of not I can't tell you. IMHO there is a minimal effect at worst. If you have a Y2K problem then you HAVE TO replace software. Fixing old software is just putting off something you will have to do anyway. And when you are done fixing it you still have old software. If customers have not already fixed or started fixing their Y2K problems by now, then it is already too late to get it fixed in time. If we do drop significantly below 6, I think this will become an excellent buying opportunity. I've found sometimes we have to take a dip before we can start moving up again. If July earnings for the softwares are good then that will be the end of this Y2K effect thing. If not, it is going to be dragged out for another quarter. OT Back to your RMBS "gap" (real or imagined?). When I looked at it, I thought I saw the gap too. iqc.com But, if you look at the same period using 60 min instead, iqc.com there is no gap. What you saw as a gap, is an idiosyncrasy of IQC charting. The green moving average line wiped out the underlying trading trace, making it appear like there was a gap. Fooled me too! Anyway glad to see you picked up some RMBS. Whether 67 proves to be a short term low or not who knows. I think it is just as likely we will be back above 80 again shortly. I am equally convinced that given a good amount of FUD we could be below 60. Long term I am very bullish on this stock. Besides, also having an electronics background has helped me to really understand what they do. I have no doubt this will become the next memory standard. What they are doing is truly evolutionary. The question is when. When you start seeing "Rambus Inside" stickers it will have happened. But there is and will be a tremendous amount of FUD associated with RMBS. Just look at what happened last Monday! I am very tempted to trade in and out of this stock. But picking your entry and exit points can be tricky. Just ask Don Green. Determining when it is overbought and oversold is the key. A good FUD meter would be helpful too. <gg> Good luck with your trading, Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next