SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richard p. martino who wrote (248)2/18/1997 1:22:00 PM
From: Kumar Nathan   of 1011
 
You guys are looking at Yahoo & others and wanted this company to perform well in the stock market. That is a misplaced expectation.

My analogy is the following. Yahoo, Alta Vista are like servers in a restaurant.VRTY is like a cook. VRTY does all the cinderella job and gets very minimal in terms of tips and pay. Servers wont pass majority of the tips to cooks eventhough cooks are important. Furthermore there are too many good and very poor cooks in the market.

I sympathise with you. My input is cut the loss real fast and get out as quick as possible.

The only upward movement will occur only if the company is bought out by somebody. That will happen may be 6 to 8 months from now. Until then either get out and do some other investing or sit tight and buy more when it goes down.

Regarding $7 is what the market will bear. Currently VRTY is priced as equivalent to 2-3 Boeing 777 which is non-sense. May be it is worth may be one 777. This is my humble opinion.

Regards

Kumar.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext