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Technology Stocks : VTEL: Anyone else follow this? -- Ignore unavailable to you. Want to Upgrade?


To: Rex Takasugi who wrote (834)11/5/1997 11:41:00 AM
From: E_K_S  Read Replies (2) | Respond to of 1214
 
VTEL to Deliver the Ultimate Video Communications Experience --
Combines TeleSuite's Virtual Conference Technology with VTEL Systems

biz.yahoo.com
"...VTEL will integrate its finest visual communications systems into TeleSuite Corporation's virtual conferencing environments..."

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This agreement should translate into additional revenues Q1 or Q2 1998. Have you seen the analyst estimates for FY 1999 (July'99) ...over a $1.00. At a PE of 17 that translates to a stock price of $17.00!

REX - Can you shed any light on the technical trends for VTEL for the next 6 months and next 18 months? I recall that there is some resistance at the $10.00 level.

EKS