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Technology Stocks : Vitech America tackles Brazil
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To: dave luken who wrote (71)6/25/1997 5:34:00 PM
From: raggs smith   of 153
 
The conference call was quite good,what you could hear of it.It would appear that Mr.St.Laurent had reasonably good answers for each of the main issues raised in the Barron's article.He made no defense for Asher's fictional degrees.He certainly affirmed his faith in their business model and the future of the brazil market.

I beleive I heard three institutional managers address questions to St.Laurent.Probably the same people who had bid up VTCH prior to the article.It will be interesting to see if the answers satisfied their questions.We will probably know from the price and volume activity over the next few days.I was pleased with todays stability.Let's hope was not just the shorts covering.

Raggs
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