Veritas (VRTS) Message Board

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Technology Stocks : Veritas (VRTS)

VRTS 166.56

+0.6%

Dec 24 12:59 PM EST

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To: The ChrisMeister who wrote (213)	8/11/1998 5:53:00 PM
From: jsuk	Read Replies (1) of 742

Well I would not disagree to strongly. If the wheels do come off then we would probably see correction across the board. In which case it would be a great buying opportunity. In fact I have been accumulating cash in the last month as we will probably see a major correction by the end of Oct at the latest. This will be a great time for picking up quality stock as I do not see a bear market, just a correction. The main point I was making was that this is a good stock to buy on dips. Just make sure that you maintain good discipline and keep your stops tight. Remember you can always buy in again lower. Other things to look out for is that the revenue from NT is not here yet, although some of this is already built into the stock price. The climate of merger mergers is good for VRTS as this is when companies evaluate their IT strategy. The whole storage technology industry is still in its early days and I think there's a lot of growth here. Just my $0.02. PS. Nice to see some activity on this board again.

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