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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: Saulamanca who wrote (917)12/15/1999 12:57:00 PM
From: Cymeed  Read Replies (1) of 1011
 
"... if you believe management."

I believe in no management because a very important part of their job is to keep the stock price high and typically they are willing to say or do anything legal (but short of straight forward truth) to achieve that target.

When you read between the lines, "demand is growing" and "new business prospectives are at an all time high." My understanding from this entire news release is: the demand is growing but at a slower rate and they are turning toward "new business."

That is the very bad news I personally don't like to hear. And that is probably what the market is interpretting too. My curiosity is, however, does this slowdown have anything to do with one time incident such as focus on Y2K or is this more permanent?

Note: I have no holdings in this company at the moment. I used to have a few shares. So I am just commenting on a curiosity basis.
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