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

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To: Toni Wheeler who wrote (844)10/15/1998 2:09:00 PM
From: Edward F. Horst Jr.  Read Replies (1) of 1011
 
The consensus opinion on WS is Search engines were too many and easy to enter space. What money managers haven't recognized is the results during the Sbona management tenure. Also, all these deals represent Verity moving rapidly towards a leadership position, as the industry consolidates and weaker players disappear. Some Analyst will Upgrade when VRTY goes through $15-$20 and the momentum players will energize this stock price! Another excellent Q3 should move price back over $10 which many fund managers can't buy under. If this market stays together, as I'm believing it will, there is $$$$$$ on the side lines waiting to re-enter small to mid cap techs, which is where the real opportunity for fund managers to recover all those 10-20% loses in first 9 months of 1998. Be patient and good luck!
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