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Technology Stocks : Verity (VRTY) -- Ignore unavailable to you. Want to Upgrade?


To: Darth Vader who wrote (777)6/23/1998 10:05:00 PM
From: Adam Smith  Read Replies (2) | Respond to of 1011
 
No takeover in sight. VRTY had a tremendous quarter. Beat expectations had 1.5MM in legal defense and doubled deferred revenue. Sbona is a pro and exibited confidence on the conf. call.

If they can get 1 new analyst to cover they'll begin to be marked up over the next quarter or two to an Internet multiple. I look for the stock to move to 18 and possibly above based on new funds coming in.

Adam