EN POINTE TECHNOLOGIES (ENPT) Message Board

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Technology Stocks : EN POINTE TECHNOLOGIES (ENPT)

ENPT 0.0001000

0.0%

Oct 8 5:00 PM EST

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To: ratan lal who wrote (268)	12/2/1997 10:46:00 AM
From: Roader	Read Replies (1) of 537

Ratan, I would advise that when investing it is healthy took take a time horizon greater than 24 hours. Take a look at the trading pattern of ENPT from $9 to $24 and back again. At the same time observe the press releases that correlate to the peaks and troughs. You will notice that there is not a great deal of correlation otherwise ENPT would be at $30. Given that the market is the most efficient mechanism and is always right, ENPT is an arbitrage opportunity. We all know it should be at $30, the FUNDOS point to $30 and therefore it will be at $30. If I can buy the stock at 14,12,10 and 8 before it goes to $30 I think its a good deal. In that light, do you still think yesterday was a bad buying opportunity? Is the $1 cheaper I could get it for today make a difference in the grand scheme of things. I think not. Roader

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