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Technology Stocks : Veramark Technologies Inc. (Nasdaq: VERA) -- Ignore unavailable to you. Want to Upgrade?

To: J_W who wrote (43)	2/20/1999 8:33:00 AM
From: d.thorn	Read Replies (1) \| Respond to of 221

Montevecchio has Rule 144 stock. i.e. founders stock He has stock in his name and in a partnership, hence the two amounts. He sells from both accounts and the insider trading reports don't show which account he is selling from. You can only tell there are two accounts from the holdings column. When he left the company it was in near bankruptcy and the stock was down to $2.75 and falling fast. He has sold stock at $8.50 which is over 3 times the price per share the stock was at when he left. That in a period of about 18 months. He will eventually go away, richer by far than his own abilities would have made him, but nevertheless ungrateful for his financial salvation. The company continues to improve in both revenues and earnings. It is currently selling at about 3 times sales,(the method by which it and its' competitiors are valued) LHSG is selling at 18 times sales and Savly is selling at 5 times sales. Vera will eventually get noticed and covered by analysts. It does struggle by lack of coverage and seems to experience profit taking whenever it goes above $8. With six consecutive quarters of increasing revenues and profits, after years of losses, it seems to be on the right path