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


To: Peter Yang who wrote (454)3/29/1999 8:08:00 PM
From: Matthew  Read Replies (1) | Respond to of 522
 
Over the years VRLK has had some very good projects under development
but Belden has never bee patient enough to see them through.
VRLK's revenue stream has always been "lumpy". When there is
a shortfall, Belden cuts staff and projects quickly only
to re-staff 6 months later when after a couple of good quarters.
The lack of continuity in development chokes the flow of new
products and subsequently new revenue. This is why despite
significant R&D spending there is very little in the way of products coing out of the company. Hopefully the new CEO will have
more vision and patience.

Cheers.