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Technology Stocks : Verilink, long term hold? -- Ignore unavailable to you. Want to Upgrade?


To: Johnathan C. Doe who wrote (429)9/30/1998 11:40:00 AM
From: Matthew  Read Replies (1) | Respond to of 522
 
Mr.Doe;

End the quarter maybe, but I think VRLK is suffering along
with so many other telcom stocks on NT's revenue warning
yesterday.

Cheers.



To: Johnathan C. Doe who wrote (429)9/30/1998 4:13:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 522
 
Thank you Verilink! (Today's press):

Wednesday September 30, 3:06 pm Eastern Time

Company Press Release

Verilink Corp.'s Earnings Announcement Scheduled for
Oct. 14, 1998

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 30, 1998--In response to inquiries from stockholders, Verilink Corp. (Nasdaq:VRLK - news), a leading supplier of telecommunications access products that link corporate networks to the Internet and the other WAN services, announced today that its results for the first quarter fiscal 1999 are expected to be in line with the guidance provided in its most recent conference call.

''The fundamentals of our business that we discussed in our July conference call remain unchanged, and we have no reason to change our guidance to the public,'' said John Batty, chief financial officer of Verilink. Batty added, ''The Company will provide further details of the results of the first quarter in its regularly scheduled conference call on Oct. 14, 1998.''

biz.yahoo.com

Regards - Dale