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Technology Stocks : Electronic Designs Inc. EDIX (NASDAQ)

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To: STOCK DOC who wrote (46)1/28/1998 10:55:00 PM
From: Bill Tholen  Read Replies (1) of 69
 
I'm still in there. They seem to have their act together and have good products. The thing that is dragging them down is the over-supply in the memory sector which is suppose to improve this year. I think the quarter to be announced next may be tough but if it's due to memory price weekness, which is what I expect, I'll buy on the dip. The company's panel display sales are growing. The company still has a good chunk left on the stock repurchase and I think they'll keep the price above $3. The stock price always seems to be able to get over $5 so if history repeats itself, I have little downside risk. P/E still seems cheap.

How are you holding out?
Also am holding PairGain.
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