VTEL: Anyone else follow this? Message Board

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Technology Stocks : VTEL: Anyone else follow this?

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To: Rainy_Day_Woman who wrote (1167)	5/22/1999 3:22:00 PM
From: Paul Weiss	Read Replies (1) of 1214

What's next, one asks? I'm clueless... can't even pretend to see beyond the next bend. I've actually held a few shares that go back to the days of Compression Labs, a big, big loser. The VTEL shares would have to hit about $16 for me to break even on that particular purchase. And I don't see that happening anytime soon. But... at current levels, I perceive both an investment opportunity and a trading vehicle. One of my basic rules is to ONLY purchase shares in companies that I'm willing to hold for the long term (if stock falls), even the more speculative companies such as VTEL. A quick profit and I'll sell, a gradual improvement and I'll hold. Regards, Paul

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