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Technology Stocks : VTEL: Anyone else follow this?
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To: E_K_S who wrote (1182)6/29/1999 5:29:00 PM
From: BruSi  Read Replies (1) of 1214
 
I have Vtel as one of my stock picks for 1999, but that does'n mean I like the management.

This is profit/loss info for Vtel and Polycom

From 30 days ago Vtel is down 20% Poly is UP 55%
From 1 Year ago Vtel is down 30% Poly is up 260%
From 3 Years ago vtel is down 55% Poly is up 700%

If you invested 10,000 in Vtel 3 years ago you would now have less than $5,500.00. If you invested the same amount in Polycom, you would now have $70,000.00. Y0u would be 13 times richer.

Vtel is down 84% from it's alltime high of about 27. Polycom is at it's alltime high and is a much younger company.

Hopefully the idiots which ran Vtel to the ground have been shot, and hopefully Mr. Rump is kicking ass. So far the potential this company "had" has hardly been tapped. The new acquisitions have hardly come to the bottom line and whether they will or not is still a big question. The next two quarters will be critical. We will win big, or we will wilt again....whatever the other "real" videoconferencing companies do.
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