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Technology Stocks : VTEL: Anyone else follow this?
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To: pham who wrote (1100)3/10/1999 11:33:00 AM
From: E_K_S   of 1214
 
Hi Pham - Stock is good....all parties now have an interest to move this stock price higher. Total shares outstanding is 22.9 million shares. A five percent share would be 1.146 million shares or about $3.438 million in price at a $3.00 per share price.

My latest report still shows VTEL with a book value of $3.24 and falling.

Based on our management's performance (last 18 months), I would avoid buying new shares at these levels. In fact, IMO this may provide the real longs an opportunity to sell their shares at marginal higher levels.

EKS
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