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Technology Stocks : edusoft (EDUSF)
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To: Boris Maleshev who wrote (115)10/13/1997 7:07:00 AM
From: Frank Gasker   of 272
 
Ye too,

< a company that has actually recorded a decline in sales from 1996 to 1997 does not interest me. Some stocks have low P/E because they are underfollowed and undervalued, others really deserve an even lower P/E even though they look cheap.>

Nicely stated. Fits well in the arena of small cap value investing. They would apply nicely to EDUSF and the revenue slide they experienced in 1996.

I guess its a matter of timing. When an individual company is deemed ready for growth is highly speculative and often never happens. This could very well be the case with WTRS. I think there are numerous reasons why they will show improved growth. Hope i'm right.

I think I was wrong in injecting my thoughts about Wtrs on the EDUSF board
there will be no further


BTW Overall, revenues grew by 4 percent in 97 from 96

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