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Technology Stocks : edusoft (EDUSF)
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To: DD™ who wrote (53)8/13/1997 9:09:00 PM
From: Frank Gasker   of 272
 
I see no reason why Edusoft should not continue to produce good earnings. Q3 and Q4 have been historically good ones. don't think we will see the percentage gains in revenues that we have experienced but it hard to tell. this quarter was far better than i had anticipated

In my opinion EDUSF remains undervalued especially when you consider the pervious 4 quarters growth and the average for software producing companies at about pe 30. The present trailing PE is still less than it was before the q2 announement. Upside is in my opinion promising.

some exciting events remain with the sale of shares by DEGEM.
Since they will be retaining a major portion of EDUSF. They must consider both price and future for EDUSF.

Profit taking until it settles down. could test sevens but there should be buyers waiting.

gfrank
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