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Technology Stocks : Verilink, long term hold?
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To: Dale Stempson who wrote (438)11/23/1998 12:19:00 AM
From: Matthew  Read Replies (1) of 522
 
Dale;

I have no hard info as to why there was such a big move on
Friday. But this is not the only micro cap that has made such
a move in the past two weeks on no known news. I think at least
some of these moves are a result of a bull market broadening out
as we approach new highs. I think folks are making bets on
once high flying small cap stocks that have been down for as
much as a year. I would not be surprised to see VRLK run to 8
fairly quickly. After that it will need some fundamental news.
Even with such expectations I will not touch it - not
with all I know about what poor leader Belden is. He can
and does screw up at anytime.

Cheers.
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