EGLO Executive Telecard Message Board

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Technology Stocks : EGLO Executive Telecard

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To: Paul Jansen who wrote (7)	9/25/1997 3:55:00 PM
From: Ken Reidy	of 300

I appreciate the advice Paul. I am a relatively new investor and have made a little money on a couple of stocks that were hammered after a negative press release. See OLGC and HMSY(both sold off to low 4's and have rebounded somewhat). I'm just wondering if EXTL has the potential to bounce up to the $5 range...a nice 43% gain from $3.50. I understand that it is a risky move but this is risk capital for me. This stock was trading at just under $8 a couple of weeks ago. Is the news so bad to justify a greater than 50% loss in market value or have unhappy stockholders overreacted? I don't think I'll be able to figure that out with my limited knowledge of the company but the odds may favor that the stock is oversold. I may buy a little and put a stop loss at $2.75. Then again, maybe I should sleep on it as I really am just guessing here.

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