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Technology Stocks : EN POINTE TECHNOLOGIES (ENPT)
ENPT 0.00010000.0%Oct 8 5:00 PM EST

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To: Roader who wrote (420)3/11/1998 6:18:00 PM
From: trezza  Read Replies (2) of 537
 
0.21 would just be ridiculous.
Even at .25 this quarter, the 1.08 prediction for the year would
assume a .34 return on average for quarters 3 and 4. I think
a lot of the smaller investors are probably thinking closer to .3 for
this quarter (I know that I was hoping that the shift of the two
sales from Dec. to Jan. was going to give us a good qtr).
Coming in at .21 would mean their Feb and March sales were laughably
bad or their new Ontario plant is costing way more than expected to
set up. I think a lot of individual investors will flee if they
come in low, but the pros I believe will pick it back up pretty
quickly to at least where we are now. As for 15, well on 8% growth
(1.08 EPS for '98), that seems like a stretch.

On another question.
Last year, even before the IBD article, the stock climbed to 16 or 17. Was there just a lot more confidence in ENPT or was it just due to a general rally in the sector? (I notice PMRY followed a similar trend)...
I wonder what kind of news would have to happen
to see us back there these days.

John

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