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Technology Stocks : Vantive Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Trader Dave who wrote (2163)	7/2/1998 9:54:00 AM
From: Sommers	Read Replies (1) \| Respond to of 3033

Selling Continues at the open: (10,700 shares) Can't figure what is going on, other than fear of uncertainty...

To: Trader Dave who wrote (2163)	7/2/1998 10:00:00 AM
From: Melissa McAuliffe	Read Replies (1) \| Respond to of 3033

TD, Can you or anyone remember back to last yr. when scop missed. What was it that happened right before. Didn't the CFO (whose name I have chosen to forget) meet w/analysts and make no comment about earnings or something of that nature. I just can't remember except remembering the stock dropped more after that meeting and it was because of her. I'm specifically interested in one thing though. It's not a requirement that a company issue an earnings warning, is it? I know it can't be because it doesn't always happen otherwise there wouldn't be downside earnings surprises. Is there some reason everyone thinks vntv will issue one if there's a problem? I'm not saying that they won't but not sure why everyone assumes they will, if appropriate. If one knew for sure that they would if there was a problem, then vntv would be a good buy right about now. But if not, it could not be such a good thing. It might make more sense to buy some calls instead. They're pretty cheap right now. Plus, I just found out you can short against calls w/virtually no risk so there's upside either way. What do you think? Melissa