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Technology Stocks : VTEL: Anyone else follow this?
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To: Wally Mastroly who wrote (778)9/25/1997 8:42:00 AM
From: Yeadon   of 1214
 
Eric
Actually, their 4.4% sequential growth is at an annual rate of 19%, which is close enough to the 20% figure you noted, especially impressive since Comp Lab product sales must still be falling, so VTEL "sales" holding up well. That is the good news. The bad news is that almost all of that growth is in services, not sales, and they had an unusually weak Q last time in relation to services, so improvement in services not that impresssive either.
Yeadon
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