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Technology Stocks : Equinox Systems (EQNX)
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To: Gihan Karunaratne who wrote (261)1/28/1998 12:26:00 PM
From: Scott H. Davis   of 765
 
Gihan, sales growth is less than EPS growth rate due to cost controls, improving margins, and share buy back. You may need to read back on thread, but I believe they are about 60% thru with a 1 mil share buyback, meaning 400,000 shares to go. I see it as a positive. I expect the positive synargy to continue. Only negative with buy back is the float's getting pretty small, meaning likely increased volitility. If the price goes up to near 25, I'd recommend a 2 for 1 split to increase shares w/out dilution. FYI Scott
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