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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: Kumar Nathan who wrote (400)	5/12/1997 3:37:00 AM
From: Higgins	of 1011

Something is beginning to STINK here! I refer you to the statement by Fulcrums CEO: "Eric Goodwin, Fulcrum's Chairman and CEO, stated: ``Our revenue growth expectations were modest because of the fundamental shifts underway in computing infrastructures in large and medium-sized organizations. These companies are considering the use of the Intranet for serious business applications where Fulcrum's software can play a significant role. In announcing our 1996 year-end results we identified the impact that these shifts will continue to have on our business; we still expect to see only modest improvements in revenue over the balance of 1997. In spite of this situation, we saw a 16-percent increase in license revenue in this quarter over the first quarter of 1996. VRTY has not been doing very well in what is supposed to be a "bull" market for small caps. Perhaps it is quiet....."TOO QUIET" Kemosabe! Just a thought.

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