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Technology Stocks : Vitech America tackles Brazil
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To: tobin sears who wrote (77)7/24/1997 10:19:00 PM
From: Frank L> Guerrini   of 153
 
In light of Barrons article, are any of their numbers to be believed. It concerns me that much of their business is on credit in a foreign country. Credit collection is bad enough in this country. I shorted this stock. Quite frankly I'm not doing that well on the short side. However, I once owned Work Recovery (WORK) which went from 10 to 2 in a hurry. Seems all their big contracts being reported were overseas. Rather difficult verifying the validity of overseas sales. Could this be the case with VTCH. Frank Guerini
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