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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: T. Berkeley who wrote (393)	5/2/1997 8:56:00 AM
From: richard p. martino	of 1011

The only info I've seen reported (Mon night) is that Verity and H&Q are predicting profitability next FY, to the tune of .25/share. I don't know if anything else was said regarding earnings expectations for this quarter. I can speculate that statements regarding profitability NEXT fiscal year, can easily be interpreted as "this quarter won't be any better than last". Otherwise, the big investors just decided they didn't want to wait that long because there are better (less-risky) investments available now. I would appreciate any other viewpoints. rpm

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