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Technology Stocks : Equinox Systems (EQNX)
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To: coopie who wrote (736)10/18/1999 10:07:00 AM
From: Scott H. Davis  Read Replies (1) of 765
 
Equinox Q3 Earnings Up 34%, Nine-Month Earnings Up 38%. Actually it was not a great qtr, since it was compared to an off qtr. They met estimates exactly, but were .01 below last qtr. PE goes down and FA will improve further, so stock can go a little higher in a FA range & we get a little more downside protection due to the financials of an undervalued company, but I sure don't see any pop from this news. Kinda disappointing. Think the market would have responded much better to .30 or .31. Scott
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