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Technology Stocks : VTEL: Anyone else follow this?
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To: Philipc who wrote (670)7/26/1997 6:56:00 PM
From: Fred Williams   of 1214
 
Philip,

I regret to say that I don't really have a well-founded reason. Just a gut feeling that things will turn. I'm in it for the long haul. I am pretty excited about where the technology will be headed. With WebTV and the evolution of the Network Computer, I think this company may be a sleeper. The technology always has been a bit ahead of it's time. I think the timing is right due to the power of today's PC's and the ability for small to medium size companies to have advanced network capabilities.

I guess what I could have said is that it was pure speculation. What did you buy in at? I bought in at 5.5. I think it's a safe investment, they do have a HUGE customer base.

Fred
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