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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: LTK007 who wrote (703)4/8/1998 3:36:00 AM
From: Tijuana  Read Replies (1) of 1011
 
This is old info. but
Looks like vrty is promissing big news coming out and also great
new technology. Just wait and see for a couple of week -

Enjoy the stock going up and up

kmonline.com

In the months since the reorganization, Verity has been going back to its roots
of "solving tough, large-scale knowledge-retrieval problems for
corporations," said Weissman. While they don't view themselves as
contributing to the collaborative side of knowledge management, "we are and
want to be seen as the retrieval piece of the KM market." A recent IDC
(Framingham, MA) report giving them marketshare nods and a Delphi Group
(Boston) Mindshare Award reflect the success of their new positioning. Verity
is also developing new technology that Weissman says will move Verity's
message up the value chain from departmental to enterprise, which will offer
vastly improved scalability and features to simplify "knowledge navigation."

Verity's new attitude is paying off. Q2 '98 figures show increased revenues (up
73% from the year before) and significantly reduced losses. Weissman said
that Q3 figures will be even better. We can also expect to see a fair amount of
news from Verity in the coming months, including some OEM partnerships that
reflect Verity's commitment to solving problems in the corporate marketplace,
not the consumer marketplace.
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