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Technology Stocks : VocalTec (VOCL)

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To: Peter Piper who wrote (1909)3/10/1999 11:59:00 AM
From: David Wiggins  Read Replies (3) of 2349
 
Peter, Thanks for the information. It's always good to get solid information like that, even when it is negative. With all the recent insider selling, the Polaris fund selling, the share price falling, the delays on the switch with Excel, the delays on the gateway (new box) with ECI Telecom, and problems with the quality of their product as you point out, (BTW they missed out on a major deal with Netscape/AOL today) it's beginning to look like these guys are going to blow a huge lead in the field, and become one of the bigger losers of the internet revolution.

I wish they would prove me wrong, but the recent insider selling gives me severe doubts they will. Especially toxic is the sale of 50,000 shares by Lior Haramaty (a co-founder of VocalTec) AT THE SAME TIME he was hyping the Gatekeeper in a feature article in Internet Telephony Magazine in February. Talk about the old pump and dump!! I'd like to see an explanation for that one (ROFLMAO).

Regards, Dave
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