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Technology Stocks : VTEL: Anyone else follow this?

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To: Yeadon who wrote (862)12/9/1997 2:26:00 PM
From: doug doan  Read Replies (1) of 1214
 
VTEL is looking real good to me...

1. Q1 posted a profit when a loss was expected.

2. On the fundamentals, the company looks very cheap compared to a book value of around $6 a share.

3. I really like the announcements from Mnmt. carefully paced out to keep up momentum and all showing progress.

4. I have run into one VTEL sales rep who was very proud of the fact that annual sales goals have already been met for his section. I know this is only anecdotal stuff but it does help pain a larger picture of a company moving in the right direction.

5. Hence I will continue to add to my position at these levels.

your thoughts?
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