Verity (VRTY) 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 : Verity (VRTY)

VRTY 2.400

0.0%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: REH who wrote (658)	3/17/1998 4:54:00 PM
From: Nick Arnett	Read Replies (2) of 1011

$7.25 close = good news for VRTY employees. There are a number of Verity employees who have options priced at $7.25. I would imagine that today's close is encouraging. Consensus for the quarter, according to Zack's, was -0.24, so they've beaten the numbers by a wide margin -- the 19-cent difference translates to more than $2 million, no small change against $11.2 in revenue. Financially, the company is now pretty close to where it was a year ago. The price then was almost $9 and the company was headed the wrong direction. Now it is headed in the right direction, so...? If the stock indeed rises beyond today's close, that should be a morale booster for employees. It'll certainly boost mine! Now the pressure will be to grow sales without a commensurate increase in expenses. This will be a challenging quarter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next