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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 (582)10/10/1997 7:05:00 PM
From: Kumar Nathan   of 1011
 
"Stock moving up on CFO leaving is a telling sign. Takeover
value is present now. The only question is what is the
value of the technology/employees, $7, $10???"

I dont know that. When Phillipe was thrown out, stock jumped a bit and went further down. This stock is not a hot s**t in the market. As I mentioned earlier, always we should evaluate the movement in options market to know the real cause of the volume increase and price of the stock. Let us wait next week, may be it might touch $4 or so. I dont see any reason for it to go up unless there is some good news in the pipeline.

Regards

Kumar
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