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Technology Stocks : Verifone (VFI)

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To: Xerxes Wania who wrote (146)1/8/1997 5:30:00 PM
From: Girish Saraph   of 369
 
There is a very positive news about WebTV on yahoo.

Verifone is an equity partner in WebTV along with Microsoft,
Citicorp, and others. Also set-top boxes for the WebTV allow
one to place order with credit-card using Verifone technology.
So it has double positive for Verifone.

Another possible contributing factor to VFI's positive movement
is `January Effect' which is most pronounced for companies that
came under heavy tax-loss-selling pressure in Nov and Dec.

Overall the outlook seems very positive.
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