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Technology Stocks : Verifone (VFI)

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To: Jean-Pierre Abe who wrote ()12/2/1996 11:35:00 AM
From: Bruce Morton   of 369
 
Everything I have heard in recent months indicated that this is both a promising industry and a promising company. I bought a considerable amount of it's stock, and it has totally tanked - Down 10 points in 1 day in October, and never rebounded since - it just continues to slowly slide. Anybody have any explanations of what happenned to this stock, why, and what the short/long term outlook for the company/stock is at this point?
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