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Technology Stocks : VTEL: Anyone else follow this? -- Ignore unavailable to you. Want to Upgrade?


To: grace who wrote (1078)1/8/1999 6:29:00 PM
From: KEN G  Read Replies (2) | Respond to of 1214
 
Grace: "Good support at 2 3/4"? I believe that VTEL has a basic problem with its core business i.e Video conferencing. Its an idea that just never made it. I have bet on 3 different video companies (CLI, VTEL, PCTEL) and all did poorly. I sold my VTEL at 5 3/4 and it broke my heart. Looking at the price today I'm pretty happy with my sell. Down sizing? This term is usually used in conjunction with large companies that just got too fat. VTEL is getting rid of people because they just don't have the business. It might be tough but move on. I don't see a single advantage that VTEL has over the many investment opportunities available in todays market.
KG