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


To: Elmer who wrote (2200)7/6/1998 12:57:00 AM
From: Konehead  Read Replies (2) | Respond to of 3033
 
This thread is awfully quiet tonight! Would anyone care to hazard a guess concerning tomorrow's price and press release activities? I'm guessing Luongo issues an announcement Monday after trading closes. It will either be a pre-announcement (bad), or he'll do what Vantive did last April during the Clarify blow-up (soothing press release).

It was funny that last April when Vantive hit $16 (when the whole CIS sector was getting hit), and Luongo issued a press release saying everything was OK at Vantive, the stock stayed at about $16 for another day or two before climbing back into the twenties. That's when I loaded up on Vantive again.

How long will this bargain hold out? Or are we in for a disaster?