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Technology Stocks : Verifone (VFI)
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To: AlexK who wrote (296)4/22/1997 10:26:00 PM
From: Chuck Stoafer   of 369
 
Hi Alex,

I play VFI using technical analysis. I currently hold 300 shares. I tried to sell 500 at 35 and only 200 shares took (low volume I guess). I currently view VFI as a medium term play (or hold). I will buy more if the charts start showing support in the short term (probably around $30).

I don't think VFI is a possible takeover unless it's hostile and I wouldn't speculate about that right now. If you look back a few months you'll see that VFI was buying back their own stock.

FYI, some people look at ALL CAPS as yelling and/or hard to read. Consider turing off the caps lock.

Cheers,
Chuck S.
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