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Technology Stocks : Verifone (VFI)
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To: Thean who wrote (127)12/17/1996 1:41:00 PM
From: William Allen   of 369
 
If you believe in technical analysis take a look at the long-term trendline on a 5 year chart, Verfone should be closing in on support between the 28-29 range. I agree that Verifone appears to have positioned itself very well for both internet commerce and smart card transanctions. The 3-5 year outlook on this company looks very good. I would also concur with this group that this is not a trading stock; but for me, it is a long term buy and hold (averaged in at 32).
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