Verity (VRTY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Lisman who wrote (498)	8/27/1997 8:50:00 PM
From: Stewart Whitman	of 1011

An interesting day for Verity... Looks like someone bought around 800,000 shares (~8% of the company in one transaction), and then another 200,000 shares went through. Actually, it looks like the market maker was accumulating all week for this buy. (I don't know how to determine buy/sell exactly, just looking at the intraday chart.) Their 10K405 was also filed today. A quick scan didn't turn up anything interesting for me. I bought in when I heard Courtot left - with excellent products and 40+ million in revenue all that is needed is some fiscal responsibility. So, for the long term, it seemed like a good buy. I heard a rumor a few weeks ago that NSCP or Database Co. might be buying the company (take this for what it's worth). I can also tell you that Sbona is definitely a temp (hired to give the board recommendations/plan of action). If someone else could look at the charts or other sources and give me an opinion, I'd really be interested. Even if it was some fund, it would seem to me that there would be a lot easier ways to get into a stock the buy 800K in one shot. Regards, Stew

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next