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Technology Stocks : Equinox Systems (EQNX)

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To: Capitalizer who wrote (248)1/22/1998 5:28:00 PM
From: Scott H. Davis  Read Replies (2) of 765
 
Earnings date is slated by EQNX to be early Feb. This breaks out of the mid-month pattern, but since it's the EOY report, a longer period to post results in not alarming, especially since EQNX pre-emptively
announced strong results.

The recent announcement is significant, since the vast majority of recent pre-earnings releases are cautions about EPS downward surprises. Upward surprises are a welcome change of pace, and (coupled with the ongoing supportive buy-back and cost control efforts) displays a fairly rare shareholder-value orientation.
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