Verity (VRTY) Message Board

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Technology Stocks : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

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To: Janelle Gromatzky who wrote (507)	9/2/1997 9:41:00 AM
From: kech	of 1011

Is this a typo? What does VRTY have to do with CUBE?? 9/2/97 9:30 am... VERITY (VRTY 5-3/8) DOWN 1, SEES SUBSTANTIAL 1Q NET LOSS, SIGNIFICANTLY EXCEEDING 4Q '97's $6M LOSS, ON 40% LOWER REVENUES... H&Q TO CUT ESTIMATES... Analyst Daniel Rimer tells MarketScope this will obviously be very disappointing quarter... Had expected some shortfall given amount of upheaval that has gone on with CUBE over past few months... Believes quarter will be very telling of how new mgmt. team takes advantage of co. being leading provider of search capability software... Will be revising estimates downward... Maintains hold./J.Freund

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