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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: Kumar Nathan who wrote (431)6/5/1997 11:49:00 AM
From: richard p. martino   of 1011
 
Kumar,

Sorry, I didn't mean to pour salt on an open wound. You are correct in that a lot of us are pretty frustrated with vrty. I have always been very positive about the long term prospects of this company, even in the face of short term losses. However, we never seem to get any closer to those goals. vrty is constantly re-positioning themselves, making purchases, making personnel changes, etc, etc. While I see product improvements, I also see them constantly "chasing" the competition as opposed to leading the way. They need to settle down, stabilize the product baseline, and expand market acceptance. It may very well be that they are fighting a battle they cannot win in the long term. They are up against some pretty stiff competition. I know Phillipe did it with cc:mail, but can he do it again?

regards, rpm
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