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

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To: kech who wrote (447)6/23/1997 6:22:00 PM
From: Higgins   of 1011
 
Tom, revenue has been flat for the last 3 quarters

As memory serves, it was $11.5 MN, $11.1MN, $11.1MN. Yes, this is substantially better than last year...but what have they done for us lately. As is the last 9 months?

One of Phillipe's, and therefore Verity's problems, is that he likes to fire people. At this point I would like to state that I am not now, nor have I ever been, an employee of Verity.

Phillipe may say something retarded like: 'Vell... zat es life in zee valley'

I can only tell you...that is not life at INTC, that is not life at AMD, that is not life at NSCP, that's not life at Mirimba...what can we say, the guy's a retard! He couldn't piss and hit the ground. Once the word get's out that he is an insane Frenchman who refuses to take his medication as prescribed, who is going to work for him. Would you?

Would you accept an offer to be a Sales Manager at a company where the average Sales Manager life expectancy is 120 DAYS?!?!?

In addition to everything else, they are currently ahead of the curve as far as Search engines go. But how long would it take Microsoft to catch up? A month? So much for the long term scenario.

Bottom line, I just don't trust the guy.

BTW, just checked this quarters earnings (sans acquisitions) NEGATIVE 11 CENTS.

Not too good. :--(
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