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Technology Stocks : Verilink, long term hold?

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To: DAY TRADER who wrote (468)4/6/1999 1:38:00 PM
From: Dale Stempson  Read Replies (1) of 522
 
>>> your thoughts?? <<< Well DAY TRADER, I believe the stock repurchase announcement and the Sprint North Supply distribution agreement are both positives. In addition, new products including at least one from the TxPORT acquisition have recently been announced. Perhaps what could be the best news is the position changes with Belden and Taylor. We have new blood with Pattison while continuing to have Belden and Taylor remain on the board. I believe the transition made it easier for management to announce the recent warning and cutbacks. I'm hoping that beginning with the 4/22 3rd quarter announcement, Pattison will be able to set down a workable plan to get Verilink solidly back on track. I'm betting the worst will soon be over.

Regards - Dale
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