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Technology Stocks : Equinox Systems (EQNX)

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To: HeyRainier who wrote (320)3/15/1998 10:27:00 PM
From: Rob S.  Read Replies (1) of 765
 
I think you misread the fair value targets for EQNX. I know that mine were stated as 12 month targets, which I think are entirely reasonable given what is currently forecast for earnings. The IBM and another large OEM contract that is still in the works may well impact the earnings further to the upside, making the 39 dollar figure appear even more doable. I wouldn't invest in the stock if it were anywhere near that 12 month target, but it is where I think the stock could go without any wild speculation.
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