Veramark Technologies Inc. (Nasdaq: VERA) Message Board

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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA)

VERA 24.32

-6.2%

3:59 PM EST

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To: E. Graphs who wrote (69)	4/7/1999 3:26:00 PM
From: J_W	Read Replies (1) of 221

Hi E! VERA@5 7/8 Well this one didn't take long to tell the down trend is still intact. The softwares are getting their butts kicked today. A lot of this is due to Y2K. When companies have to spend money to fix Y2K problems, they do not have the money to spend on new software or upgrades. This has a bigger effect on companies that sell the stuff that you don't find at CompUSA - systems and application software for big business. Unfortunately VERA is caught up this group. If VERA can show continued good earnings, then I think it will recover. But at this point I think we will see 5 before 7. ORCL down another 10% today. Still a falling knife. Will wait for that one to stabilize first. They are the best at what they do - database software. And this comes from someone who lives in MSFT country! Regards, Jim

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