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Technology Stocks : Equinox Systems (EQNX)

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To: Rob S. who wrote (299)3/10/1998 9:03:00 PM
From: Quad Sevens  Read Replies (1) of 765
 
(6:21 PM ET) - The Motley Fool Evening News

International Business Machines (NYSE:IBM - news) was the kingmaker today, catapulting Equinox Systems (Nasdaq:EQNX - news) and
driving up Number Nine Visual Technology (Nasdaq:NINE - news) . Server-based communications products developer Equinox Systems leapt $2
3/8 to $19 1/2 after announcing that IBM will incorporate its SuperSerial communications products into systems for the U.S. Postal Service's
"Point-of-Service One" project. Number Nine more than doubled to finish up $1 3/8 at $2 7/8 after the maker of high-performance PC graphic accelerators
and processors announced a new contract with IBM whereby Number Nine's graphics accelerator will be standard equipment in IBM's new line of
Netfinity 3500 Enterprise Servers for Small Business. Number Nine, formerly a $20+ stock that generated 1997 revenues of $47 million but gross profits
of only $3.15 million, traded heavily on volume of more than 2 million shares compared with its 30-day average volume of 122,000.
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