Veritas (VRTS) Message Board

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Technology Stocks : Veritas (VRTS)

VRTS 162.77

-0.9%

Dec 31 3:59 PM EST

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To: Thomas Leavitt who wrote (128)	1/8/1998 8:20:00 PM
From: Tom Markowski	Read Replies (2) of 742

I am short this stock based upon valuation. They make a good product...but they do have competition. Remember past move up was predicated upon the fact that Veritas product would be included in NT5.0. Well NT5.0 is seriously delayed...so there will no revenue boost from that for at least a year...maybe year and a 1/2. I believe stock will sell of once earnings are announced. The multiples are just too high. Tom

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