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Technology Stocks : VTEL: Anyone else follow this?
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To: phoenix who wrote (663)7/16/1997 5:25:00 PM
From: Yeadon   of 1214
 
I got this info from the VTEL CFO about three weeks ago. At the time, he said he was guiding analysts to 42-46 million (VTEL and CLIX combined) for this Q, tho given info from PCTL, that figure might be optimistic and thus I expect 40-44 million. If it is less than that, the stock will set new lows. On a more positive note, CLIX just got a contract from Hubei Oil in China, tho size of contract unknown.

CFO said not to expect profit until Q2 1998 as Q1 has too many unknowns. Wish I had better news. Yeadon
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