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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: paul who wrote (177)12/13/1996 2:53:00 AM
From: Munificent Gnome   of 1011
 
The gains were achieved already on the announcement of their preliminary report. The actual press release expected on the 17th will likely have the effect of the recent book-to-bill announcement, namely that it will be a signal to sell instead of buy. Weird way the market works.

Don't get me wrong and don't get defensive. VRTY is a great company that has tremendous growth ahead, till May when their FY ends. I'm a believer in VRTY and their management. I'm just telling you what will probably happen in the short run, the next few weeks as investors shuffle their portfolio by year end, let alone the likely correction of the bloated market.

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