Veritas (VRTS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veritas (VRTS)

VRTS 162.77

-0.9%

Dec 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Markowski who wrote (129)	1/17/1998 2:04:00 PM
From: Thomas Leavitt	Read Replies (1) of 742

Tom Markowski said: > I believe stock will sell of once earnings are announced. The multiples are just too high. A P/E ration of 89 is rather high... a lot of forward earnings and growth discounted into it. On the other hand, if they're in a phase change state, where their market is going to suddenly vastly expand (i.e. WinNT 5.0 reaching orders of magnitude more people than their existing Unix products), it could be justified. But, honestly, I agree. Heights are too rarified for me. If I'd bought in at 22, I might stick, given the capital gains penalty, but other opportunities are available with more potential near term upside.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next