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Technology Stocks : Verifone (VFI)

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To: Jean-Pierre Abe who wrote ()4/12/1997 2:16:00 PM
From: Valueman   of 369
 
I can see here that VFI is really starting to leverage their expertise. The press release yesterday suggested major international bank/computer hardware/computer software/ and financial institution alliances will be announced in the next few weeks--it appears to be involving smart cards. Also, notice the large number of orders for its LaborDay employee management software announced this quarter, and then pull up a chart on Kronos, a direct competitor(down from 35 to 17). Recall Netscape's failure to successfully implement their own internet commerce transaction software, and the eventual deal with VFI to supply them with their own reliable software. All these things taken together suggest a powerful growth company successfully implementing their business plan. So, regardless of earnings on the 16th, the long term prospects for this company remain outstanding. I just thought a little cheerleading was in order since postings have been minimal lately.
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