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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 (611)12/17/1997 6:11:00 PM
From: Don McCauley  Read Replies (2) of 1011
 
Best quarterly conference call yet. Sbona looks to be right on track in rebuilding business, getting expenses under control. Days of irrational spending and costly acquisitions thankfully over. Return of Anthony Bettencourt as Sr VP of Sales was coup--already seeing payoff of this terrific move as revenues increased 70+ % over last quarter.

While Verity has been in management turmoil this past six months, its competitors, notable FULCF, have totally fallen apart. Now that Sbona has got company under control and focused on their core enterprise and OEM markets (and forgetting about shrinkwrap), this is looking like a real comeback, significantly undervalued at today's prices.

Buy it under $10 while you can.
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