VTEL: Anyone else follow this? Message Board

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Technology Stocks : VTEL: Anyone else follow this?

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To: Najib Mehanna who wrote (988)	6/26/1998 9:49:00 PM
From: BruSi	Read Replies (1) of 1214

Najib, you'll see $8.00 again and much sooner than you think. I have been watching this sector and have positions in Picturetel and in Videoserver. Am getting into VTEL and have bought at 6, and 5 and 4.75 and back at 5.5. I like their German purchase. Especially because: - European community consolidation. - High prices of air travel in Europe - Congestion of air travel in Europe and density of large companies per square kilometer. - The FOG. Do not forget the fog! Air travel in the winter months is totally unpredictable. This is a serious scheduling and logistical concern for all business travelers. Also, the whole sector is seeing institutional buying, price appreciation and two to three times the average amount of shares traded. This one looks good from here on. So buy ore if you want to sell some at 8. otherwise you will be sorry. BruSi -

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