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Technology Stocks : Equinox Systems (EQNX)
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To: Scott H. Davis who wrote (187)11/6/1997 12:57:00 PM
From: HeyRainier  Read Replies (2) of 765
 
Scott, I'm still around. I'm monitoring EQNX and I'm still holding on to my $19 price target. Today's move signals a breakout from this flag EQNX was experiencing for a while. My $19 target is on the conservative side, and only signifies a "fair value," meaning it is neither undervalued nor overvalued. Premiums may most certainly apply, meaning that this has more upside potential. There are a few people I recommended EQNX to; I provided them with an $11 entry point, and as far as I know, are still holding on. I know they are happy with the recommendation that came from my research.

I dumped AULT a long time ago because of management's inability to be upfront with the shareholders, and the way the stock trades(looking at the spreads and price action) told me I better stay out until I get a confirmation that the company's earings weakness truly isn't just temporary.

I've shifted some funds into QSound Labs(QSNDF), and you'll find me being a regular in that thread. I just wrote a fairly lengthy post explaining my reasons for being with the company, and if you look into my profile, you might be able to see it from some of my historical posts. It's in the cash flow thread; I hope you find it if you're interested.

Regards,

Rainier
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