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Technology Stocks : EQTL Equitech where technlogy development meets Wallst.
EQTL 1.350+22.7%Oct 23 3:27 PM EST

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To: Chris O'Keefe who wrote (7)6/18/1998 8:38:00 AM
From: Nescom   of 24
 
Chris,

I 'll try to answer you questions and these are just my opinions.

<1.) Do you see this stock moving in the short-term...or do you think other events need to take place first (like some sales being finalized or the PR firm being in place, etc.)?>
A: Obviously with word getting out via the PR firm and the company putting more inofrmation out via Press releases the investor will have more info to place value on this stock. Therefore, I definently believe the stock can be spec'd up from here.

<2.) Do you have an opinion on the Near-term -- Mid-term -- and Long-term price for this stock? >
Obviously gauging price is a difficult thing to do. They are in a billion dollar industry selling scientific instrumentation. They are selling to a customer list mainly comprised of pharmeceutical and chemical companies and these aren't mom and pop shops either. When you have product in these types of customers. It makes it easier to sell product to other companies. Most customers want to know that when they spend money with a vendor that that vendor will be around for at least 5 years or better. Obviously these guys managed to convince some major players that they will be around for while. A very good sign indeed. OK now here is my opinion I beleive we can see over a $1 in the near term and $2 or better in the mid-term depending on what news they will be putting out.

Nescom out-
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