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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: JACK SHOYKHET who wrote (453)	6/24/1997 12:14:00 PM
From: Higgins	of 1011

Jack, things seem to be stabilizing. Please remember that I figured out that there would be no way that they could make their estimate of -$.05. Beleive me, I'm not that smart. If I could figure this out then so could the institutions when the preliminary numbers were released in early June. The Institutions hung in and kept the price above 6 1/2 for 3 weeks. I firmly believe that the price will go up above 6 3/8 in the short term. Then it is anyone's guess. One additional announcement that we will have to watch out for is the analysts: Zack's and First Call. Verity will probably make Zack's shit list again with a negative earnings surprise. "Fear is the mind killer" at least the major character in "Dune" (the movie) thought so. I tend to agree. BTW, if you get a chance, give me your thoughts of Forte (FRTE) that is the vehicle I am currently using to make up some of my VRTY losses.

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