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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: JACK SHOYKHET who wrote (449)6/23/1997 10:38:00 PM
From: kech   of 1011
 
Thanks Jack - Glad to hear about the conference call even though the news isn't great. It sounds like they are emphasizing that the route to profitability is through R&D cost cutting. I was rather expecting a surge in revenues with fairly fixed costs. Do you see any basis for major revenue growth in the next year or so? The 3 qtr track record is not promising. The story so far has been investment in acquisitions and R&D and partnerships -create installed base. Is there any basis to expect additional sales to this installed base at some point that will create major revenue growth?
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