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Technology Stocks : Veritas (VRTS) -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (111)12/10/1997 11:03:00 AM
From: James H. Irwin  Read Replies (1) | Respond to of 742
 
David,

I received a call from a west coast boutique, mentioning that trading at 50+ times the Dec98 eps estimate of 90 Cents might be just a bit high. Why can't this stock trade at 40 times? was the message.

Bon Chance.
Jim



To: Lazlo Pierce who wrote (111)12/22/1997 1:04:00 AM
From: Thomas Leavitt  Read Replies (2) | Respond to of 742
 
>Well this is the first reply in over a month, and VRTS has gone up >another 10 points. I wonder why there is no enthusiasm for this
> baby. ALL TIME HIGH 53+
>
>Dave

High P/E, some potential for a knock down... but: they're alone
in their market, and their market is huge. Strong niche player.

Buy on dips, average in, be prepared to wait and watch, this
is likely to fluctate, until it jumps up to a new plateau.

Thomas


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