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Technology Stocks : Vertel (VRTL) 10xbagger in the making

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To: James Wright who wrote (93)7/3/1998 8:56:00 AM
From: sinut8230  Read Replies (1) of 465
 
Jim......you are right on the money on vrtl. I had posted on thursday that one should not get too excited and that the stock would not hold. From the little bit of digging that I have been able to do, the 2nd quarter earnings should be good and I do think that the stock will drift on up towards the announcement. How high it drifts and whether it holds is anybody's guess. My gut feeling is that it wont hold, with many people trying to trade the vrtl 4-6 range. This stock has such a bad reputation and has burned so many people that it will take 3-4 positive quarters to overcome.......possibly more. This is being conservative, but I think that with positive 1,2,3, quarters the stock will be at 6-7 and finally hold. if the 4th is good and the firat quarter of 99 is positive, than you may see your first real move towards 10........these numbers are not as glitzy as some of the numbers thrown out in the past, but much more realistic. Have a great 4th..........

steve
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