Verifone (VFI) Message Board

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Technology Stocks : Verifone (VFI)

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To: Bruce Morton who wrote (125)	12/17/1996 6:30:00 AM
From: Xerxes Wania	of 369

Bruce, the selling decision is your's. If you look at history of this company, it's rock solid revenues and profits you should be convinced not to sell. The reason it got hammered is that they missed analyst expectations by 2 cents. There has been NO bad news other than that. It's not a highly visible stock. They have been buying back their stock. Approx. 2 million since July. This should is a good indicator that the company beleives in itself. They also have been making deals with companies like Oracle, HP, Microsoft etc regarding the internet payment solution. My advice is to hang on. Though I do beleive the market is correcting so it might give you a chance to buy at lower prices, but then again you might miss it. Check out www.verifone.com I'm holding and buying more under $30. Xerxes

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