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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: Kumar Nathan who wrote (482)8/1/1997 9:15:00 PM
From: Conor P. Cahill   of 1011
 
> Kumar Nathan wrote:
>
> Looks like stock might take a deep dive tommorrow and throught
> this quarter and may reach $2 or even lower than that within
> a month . Great stock to short.

Well, it didn't take a dive, and it didn't jump up. My *guess*
as to why this happened is that the market is confused. At this
point they want a change in management, but there isn't enough
info to decide whether or not the changes that have been made
are a good thing or not.

Tonight, Verity has announced that a directory has left the
company as well. This is likely part of the power play that
got rid of Phillipe, but so far no real details are leaking
out as to what is happening over there.

I hope Verity gets it's act together and lays out it's plan
for the future under the new managment so that the information
vacuum will go away and we can decide what to do with our
investments.

Conor
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