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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: trezza who wrote (421)3/11/1998 11:50:00 PM
From: Christopher Brainard   of 537
 
I totally agree. Anything below $0.25 would be very disappointing. Actually anything below $0.30 would be disappointing. Sales of computer equipment must be very soft. But if 2nd quarter is going to be so low, either the big boys think things are going to be getting better pretty quick or there is something else going on here. It just doesn't add up. When I talked to the company, they said $0.21 to $0.24 was the current feel good numbers for the second quarter. I asked if general business conditions were any different now then when the 1st quarter conference call was held, and she no. Business was way better than $0.21 - $0.24 looking forward during the call.

Maybe you are correct about the costs of getting the Ontario plant going. I know these costs really helped kill the 1st quarter. Maybe this is what the company is telling the big guys. If so, they are buying now .... waiting for the bad 2nd quarter report ... and are ready to buy more after the dive.

I think what ever Roader learns when he talks to the company next week will be very important. Until then we must wait.

Regarding last year when ENPT ran up prior to the IBD article, things for the small cap stock were already starting to get good. I think some people were able to find out about the IBD article before it was run and they drove the price of the stock up. The same thing happened to PTIX. This was one of the best two weeks in my life. Within this time period, two of my stocks were written up in IBD and both had great runs both before and after. PMRY just keeps riding the same wave over and over again. Up, up, up and then some bad news and it drops like a rock. Up, up, up and then some bad news ....... By the way I own PMRY too. Love the little guys, but the ride can get pretty crazy. One thing I have learned not to do, and that is buy and hold. Too much opportunity to work these little guys!!

Good luck to all ... I have a funny feeling we are going to need it.

Chris ....
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