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VERITAS Software Corporat (VRTS) Message Board

  • reza22 reza22 Apr 17, 2000 8:36 AM Flag

    VRTS is ok, market horrible!

    Hi folks,
    I think VRTS is a great company, it
    will probably meet its number easily. But dont forget
    it cant escape the force of gravity of this horrible
    market. I mean take MSFT for example. Dont worry about
    the story surrounding it. But remember it is the
    biggest component of most funds, nasdaq 100, s&p 500 and
    dow 30. I never remember it being in the 52 week low
    list in the past 8 years. correct me if i am wrong.
    But the fact that it is now in the 52 week low list
    and most analysts coming out and saying that we are
    near a bottom and buy this dip(they should call it a
    meltdown! since this is the fastest 30-some percent drop in
    nasdaq, even faster than '87)-as a contrarian-tells me we
    are just at the beginning of something very
    bad.
    just my 2 cents.

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