Veritas (VRTS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veritas (VRTS)

VRTS 166.56

+0.6%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gregory Snowdon who wrote (207)	8/11/1998 10:29:00 AM
From: The ChrisMeister	Read Replies (2) of 742

"Why is this so volatile?" Because it's a high P/E small cap tech stock. I've been following it for almost two years and it not infrequently goes into phases where it moves in big jumps. I'm sure recent market conditions have something to do with it at this time, but it's more or less the nature of the beast. This is not GM. And it's actually held up quite well the last couple of weeks. Doesn't seem any more volatile than usual. Just pick your price(s) intelligently and don't allow yourself to get whipsawed for losses. ChrisMeister (-who's temporarily 3/4ths out of his long position at 55 7/8, looking to buy back in lower) P.S. -- the first big jump up was on the good earnings announcement a couple of weeks ago.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next