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Technology Stocks : Equinox Systems (EQNX)

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To: coopie who wrote (197)11/7/1997 5:13:00 PM
From: Scott H. Davis  Read Replies (1) of 765
 
Thought it would take a lot longer to get up to a PE of 20. While the PE is starting to approach the growth, remember Coopie's observation of the continued requction in outstanding shares. Since EQNX has a strong likely of replacing an off qtr (.17) with a strong qtr (current estimate is .30), EQNX should continue to have a good PEG ratio for some time yet.

It just hit me today that yesterday's volume was 100x Weds. volume. I've never seen that big an overnight change before. FYI Scott
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