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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: Howard Herskowitz who wrote (46)8/2/1997 3:01:00 AM
From: Sirius Pointer   of 355
 
Any news to account for the current slide of the stock ?

The stock has gone down 25% with nothing negative on the wire since announcing Q2 result. Although the earnings is 3 cents more than expected, the sequential revenue growth has slowed down to annualized rate of 45%. DSO also rose from 75 to 85.

Did anyone listen to the conference call ? I'm particularly interested in any explanation on the rise of DSO and the status of the NT development.

The sliding of stock price looks suspicious at the time when the technology stock trend is up.
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