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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: Adam Smith who wrote (580)10/10/1997 6:35:00 PM
From: Kumar Nathan   of 1011
 
Adam:

It is tough one to predict the value of VRTY. If the scenerio is that ADBE and NSCP acquires this then the valuation will be totally off the wall. ADBE IMO owns close to 15% of VRTY and NSCP also has the same type of ownership. Therefore if there is a lofty valuation, they may not be hurting themselves much.

You are right my target is $2.00. Thats it. CFO is leaving, CEO is gone, piss poor morale, old folks are invited back, they will also bring their own lieutenants( cost of hiring old folks will be pretty high) ,losing market share, shrinking window, what else you need?. If I were a new investor, I would wait for $2 or less to jump in and that too if the company intend to turn around.

Regards

Kumar
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