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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 (321)3/8/1997 1:03:00 PM
From: JACK SHOYKHET   of 1011
 
I would like to express my sincere opinion about Kumar's comments for the past few months. I admit, they are informative. But, they are mostly speculations, just like the rest of us. He was bearish on the stock when it reached "20 1/4", and predicted its downhill. At that time, no one could predict the stock will go that low, even though, my technical analysis exhibited pressure for it to go down.

He was correct the stock will go down. So what? Now, he became "genious" and predicting the stock to go up. Wow! What a concept!

Nobody, I repeat, nobody, knows how the stock will react. It may go down in the short term, it may go up. The rationale for being with or without Microsoft, is a compelling argument, but its also a "BS". Neither Kumar, nor anyone else, knows what the comapny will do. We do know, and all agree on, they must make money in order for stock to grow. That is the "bottom line."

The wonderful part about this media is that everyone can express their opinion -- that is what its for. Some people, by nature, are more optimistic then others. They see the light at the end of the tunnel a lot brighter then others.

I would encourage everyone to continue your postings and analysis--it gives everyone a benefit of deeper understanding of companies we what to be successful. But, do not take one "expert's" advice to make your decisions. Educate yourself, study financials, business strategy, etc, and you will be successful, provided you also have a little of "LUCK."
Happy Tradings,
Jack
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