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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: TOM KARIS who wrote (558)9/26/1997 10:49:00 PM
From: Kumar Nathan   of 1011
 
"Kumar explain to me how we go to the "$2or lower level".What is the reasoning behind your analysis."

Reduction in sales. They might have great technology but they cannot sell that. There is no use. Scrambled management. No direction. Temporary CEO. Frustrated board and high labor turnover.

Tom. If you are not already in VRTY will you put your money in it? I can guarantee you that answer is NO. Then there wont be any new buyers.

For all of the above reasons the stock might hit 2 or even lower #. I told the same thing when VRTY was around 18 or so. I repeated the same when VRTY was 10. Therefore unless the management gets their act together and show consecutive profits the stock will not climb up.

Regards

Kumar
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