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Technology Stocks : Vertel (VRTL) 10xbagger in the making -- Ignore unavailable to you. Want to Upgrade?

To: Bob Davis who wrote (192)	6/13/1999 9:17:00 PM
From: Dennis J.	Respond to of 465

Hi Bob, I am a VRTL owner since late 1997, when it was about $5. All down hill since then. When it went under $2, I began to treat it as a perpetual option (which it is). Last fall, insider Jef Drazen and an investment fund opted for about 2 million shares at $1.50, to allow VRTL to make a strategic acquisition. I'm sure they were and are still looking for much more in return. Drazen has recently joined the board of Vertel, probably to become proactive. I view this move as confirming that the acquisition will lead to better times for Vertel. He would not likely join the board, if it were truly failing. You will need to check into the direction of this company, given the new subsidiary. I think it is away from TMN, as we once knew it, and more likely towards uses of high-speed modems such as ADSL, and perhaps in private networks. I don't have the time or energy to research Vertel, but am riding with the insiders for a comeback. The reward could be a stock that wants to go to $10 again. But no predictions. Perhaps management will speak with you. It cannot hurt to try. They still are saying very little to the smaller shareholders. But surely, some investors know what is happening. Good luck. Dennis

To: Bob Davis who wrote (192)	6/14/1999 12:04:00 AM
From: Dennis J.	Read Replies (1) \| Respond to of 465

Hello Again, Bob, Visited your site, and read your comments on VRTL. While I agree mostly with what you said, I have a few points. 1) While VRTL management seems capable, IMO they have communicated at a below-par level with their investors. Some investors appear to have sold out and moved on, apparently for lack of understanding about the future fo VRTL. 2) As I noted earlier, VRTL appears to have developed a new strategy built around the new subsidiary which they acquired. I have read some posts, perhaps on the YAHOO VRTL board, which speculate on their new business opportunities. Also, some of the earlier SI posts may be useful as background. You have an interesting newsletter. I am somewhat familiar with three of your stocks. In particular, DIMD, and could put you in touch with a research analyst who has followed the company. If you like, PM me with a phone number, and I will give you a call. Dennis