Verilink, long term hold? 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 : Verilink, long term hold?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fiddler who wrote (490)	9/26/1999 7:21:00 PM
From: Dale Stempson	Read Replies (1) of 522

Yeah, "wait and see" appears to be right. We've got $6-$8 million in charges to take, with the majority showing up this quarter and the balance likely to follow next quarter. I suspect that the consolidation and move will not be good for sales through December. In addition, we might experience some tax selling. Thus, I'm not expecting to see VRLK doing much until after the first of the year. I wouldn't be surprised to see the stock trade down to $1.50 before things begin to turn around. Regards - Dale

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next