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


To: Trader Dave who wrote (2233)7/6/1998 4:58:00 PM
From: TelcomMan  Respond to of 3033
 
T.D.:
Based on the 20% figure, any idea where the stock is going?



To: Trader Dave who wrote (2233)7/6/1998 4:59:00 PM
From: Rick  Read Replies (1) | Respond to of 3033
 
TD -

Given the corrected 20% growth figure, do you have a new target on the downside ? I assume you will retract the $10 figure, based on the correction.

Anyway, it certainly is a debacle. Clever move to buy Wayfarer with stock a couple of weeks ago - clearly Luongo and company knew they were using overvalued currency.

I do think that a takeout has become much more likely and easy to digest for Oracle, PeopleSoft, or others - how much does this protect the downside ? any opinion ?

Cheers. Rick.