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Technology Stocks : VTEL: Anyone else follow this?

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To: Joe Valente who wrote (1081)1/24/1999 12:54:00 PM
From: Yeadon  Read Replies (2) of 1214
 
Do not be misled by insider buying in VTEL. VTEL lends its execs money to buy the shares. They are not buying with their own money.

I have heard rumors (and they are just that) that they will miss their original expectation of flat sales with last Q and sales will likely be in low 30s or upper 20s this Q.

VTEL following a pattern like Netframe and Tricord Systems. Both were in the server business and doing well. Then they missed the shift to lower cost systems and both ended up one-dollar stocks. (I think Netframe was later bought by MUEI).

Yeadon
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