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To: pz who wrote (25781)7/15/1998 1:06:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
pz; RE: VTS....just my little 'ole ''newbie'' opinion.

A ''Director'' has recently sold a massive amount of stock this month; disconcertingly - over 1/2 of his remaining holdings. The ''insider trading'' link on Yahoo will take you there.

VTS was the fund managers ''fav'' - as it ran right through the March selloffs, impervious to a sector wide plummet. I was ready to buy them on the recent dip, but bottom fed on EGEO, SEI & VSEIF instead. I'd hold off untill VTS ''shakes-out''...see what earnings hold; allthough it is a great company and this is a value - My finger is ''on the trigger'' with this one - something tells me though that there may be something up... Insider selling often means nothing, but selling off 1/2 of one's holding IS ''undeniably'' a statement and the market reacted accordingly. The only fundamental that I do not like on VTS is a very low EPS growth going into next year as compared to its peers. PGO is the clear leader in the Seismic subsector - the RIG'' of the Seismic sector if you will... GGY also looks good; ...just my ''newbie'' opinion !



To: pz who wrote (25781)7/15/1998 1:24:00 PM
From: iandiareii  Read Replies (3) | Respond to of 95453
 
Veritas believes stock drop market related

Wednesday July 15, 12:49 pm Eastern Time

HOUSTON, July 15 (Reuters) - Veritas DGC Inc.'s downward stock movement is likely market related and the company does not expect to make further announcement on the matter, spokeswoman Stephanie Schlimper told Reuters on Wednesday.
Trading in the company's stock was halted on the New York Stock Exchange for an order imbalance earlier today. The stock was halted at 36-1/16 after closing at 38-15/16 on Tuesday.

Veritas's stock resumed trading on Wednesday afternoon at a price of $34, down almost $5 from yesterday's close.

biz.yahoo.com