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Technology Stocks : Verity (VRTY)
VRTY 2.4000.0%Dec 22 4:00 PM EST

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To: Kumar Nathan who wrote (337)3/15/1997 3:16:00 PM
From: Edward F. Horst Jr.   of 1011
 
The Pacific Rim, of which China is a significant part of, has the world's fastest growing economies, and therefore middle/upper classes. These are all computer users or prospects. Also, computers are proliferating their school systems and corporations. This regions demand for PC's by 2000 is greater than all the PC's in US now! It always amazes me when your analyst friends project a slowdown in PC sales! Even now, why is piracy such a big problem there if few people have computers? You seem very knowledgeable in this segment, and since I recently began investing in VRTY, I'd appreciate you sharing why you valued the stock at $7, with a $3 bottom. Also, what would the company need to do to support a $15-$20 price in '97?
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