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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST
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To: Don McCauley who wrote (829)10/7/1998 8:19:00 AM
From: Edward F. Horst Jr.  Read Replies (2) of 1011
 
I don't think we are missing anything, and the market seems to concur. VRTY has held very well through this market debacle in Nasdaq recently. They continue to announce significant wins with channel partners and major accounts which can only support a continuing top line acceleration. The new management has shown an ability to manage the bottom line while building a stronger, more focused, competitive force. We will be rewarded for our patience and confidence. there is a tremendous amount of money "out-of-stocks" and when it returns, there will be a tidal wave flow into many of these small to mid cap tech companies which are performing, yet selling for single digit P/E's and in some cases not much above cash value on the Balance Sheet.
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