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Technology Stocks : VocalTec (VOCL)

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To: Magic RN who wrote (1983)4/12/1999 4:59:00 PM
From: Jimbo Cobb  Read Replies (2) of 2349
 
News is indeed negative and VOCLF will open down tomorrow, but for a developmental type company where no earnings were expected anyway, it likely won't be devastating...

If VOCLF is the other company Softbank is looking to invest in (other than IDTC), it might not matter much at all once that news gets out...

This part is positive...

"We reiterate though that we
remain confident in our product architecture and strategies that address market requirements. Also, we have been successful in
expanding our relationships during the quarter to include more large service providers, which we expect to be reflected in our
results as these relationships mature.''

Jimbo.
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