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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: paul who wrote (245)2/18/1997 11:48:00 AM
From: richard p. martino   of 1011
 
Paul,

Hard to believe this slide is due to any earnings insight. In fact, it's been on a clear and significant downslide for quite a number of weeks now, so I don't believe it is earnings related. At the same time, companies like Lycos, Excite, Yahoo are getting good press and moving up significantly. I wonder if there is a connection. VRTY deals in similar technology, although vastly superior. They also target a completely different audience, while these other search engines are driven by online revenues. I assume the street believes online advertising revenues will continue to increase exponentially, while VRTY will have to keep scurying for partners and customers. Here's hoping for "killer" earnings announcement in a couple of weeks.

Best to us all, rpm
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