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Technology Stocks : Equinox Systems (EQNX)

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To: WTSherman who wrote (754)12/10/1999 3:13:00 PM
From: Christopher Brainard  Read Replies (1) of 765
 
I talked to the company after the last earnings report and they gave me no indication Y2K presented a problem for the company.

Come on folks, look at what the 4th quarter is looking like! Revenues at $5 million is 50% of the previous quarter sales. I have NO INTEREST in owning a company's who's revenues can vary by such swings.

This is the third meltdown since I began following the company. I was a buying on the first two. I sold everything on this dump. Will the stock return to $12, maybe so, but maybe there is more to the 4th quarter than Y2K??

I like to get to know my companies. I like to know that I can hold and take advantage of temporary dumps in the share price. If you can buy and own this company and feel strongly that everything is fine, go for it. I have had one dump to many! Too many excuses! Too much lack of follow through on opportunity (USPS contract!) If I want a stock to trade, too many more interesting trading opportunites out there.

Good luck to those still with this stock. I hope I am wrong and you all do well.

Chris ...
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