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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: Robert who wrote (46)10/9/1996 3:40:00 PM
From: paul   of 1011
 
Robert - no charts or anything to back up the $20 - just a target level. consider myself a long term holder (good move today!)and if it goes higher very quickly will probably hold but after that I cant come up with a valuation which would make me feel comfortable in protecting my gains in the short run.

The fundamentals are great and this entire sector (Fulcrum) has been under pressure but with more exposure into this segment and the continued alliances VRTY is signing (any relationship to the Tandem Announcement and Dennis McEvoy coming over from Sybase?). The chance of an earnings surprise is there and given its way oversold position I can see it getting back up to where it was in June/July by christmas.



Of course I would have had a heart attack if i had a position at its peak so this comes from the luxury of being in farily low ($10.5)
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