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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: RockyBalboa who wrote (911)12/14/1999 9:24:00 PM
From: Saulamanca  Read Replies (2) of 1011
 
I bought some after hours and was interested to find out what happened.

Verity was supposed to book 3 deals for this qtr that didn't get done in time. Seems clients were trying to get a better deal and Verity would not reduce their margins. Mgt thinks by holding their ground it shows future clients they will not be jerked around. 2 of these deals have since been done. I only caught the tail end of the conference call.

Mgt could have preannounced.

Maybe another NEON.

--Jim

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