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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: Edward F. Horst Jr. who wrote (415)5/27/1997 11:00:00 AM
From: JACK SHOYKHET   of 1011
 
Ladies and Gentlemen:

My "feeling" is coming from two directions:
1. I have spoken with several analysts from Merrill Lynch and H&Q - they "feel" VRTY will do just fine, i.e. meet the Street's estimate, and maybe better.
2. I have also spoken with Netscape' s analyst - he mentioned that this deal with VRTY is a serious "money flow" for VRTY in a form of licenses being sold.

Do these people "know" anything - NO. I have learned long time ago that in investing people may sound very convincing - but NOBODY knows what a particular issue will do. Some people may sound very convincing, but they have no idea.

The only thing we can do is predict - if we are lucky - we become "experts." If we are not, we are in the dog house.

I repeat my original prediction - I "feel" VRTY will be OK from the revenues and earnings this quarter. I am correct? Only time will show. But trust me on one thing - I do not know for sure, and neither is anyone else.
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