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Technology Stocks : Veritas (VRTS)
VRTS 166.43-0.1%Dec 26 9:30 AM EST
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To: Lazlo Pierce who wrote (197)6/4/1998 3:21:00 PM
From: The ChrisMeister  Read Replies (1) of 742
 
Actually, I think VRTS has held up quite well. I mean, take a look at the charts on INTC, HWP, TXN, or any of many of the other big-cap techs that have sold down drastically the last couple of weeks. VRTS is always quite volatile, so as long as we hold this mid-30s area I think we're in good shape for when the wider market gets back on track. +/- 2 or 3 points doesn't seem like a big deal, even if it is in percentage terms. No guarantees, of course. Just set your stops wide so you don't get taken advantage of by the MM's. I still think we can do 10+ points better than today (35 1/2, meaning mid- to upper-40's) as we go into Q2 earnings season.

ChrisMeister
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