EN POINTE TECHNOLOGIES (ENPT) Message Board

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Technology Stocks : EN POINTE TECHNOLOGIES (ENPT)

ENPT 0.0001000

0.0%

Oct 8 5:00 PM EST

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To: trezza who wrote (426)	3/17/1998 4:24:00 PM
From: Christopher Brainard	Read Replies (4) of 537

I sold a third of my position today. Looks like the markets the company sells in are pretty volatile. Even the management cann't see very far ahead. Unless these guys were sandbagging things in the first quarter earnings conference call? New sales must be pretty weak this quarter if even with the carry over sales from the 1st quarter they could only do $0.21. My bet is that the costs to get the configuration center going were much higher than management lead up to believe or expect. Here they either knew more than they said or they are not very good at controlling costs. My confidence has been shaken and I doubt I will commit to the levels I did after the 1st quarter earnings report. Returns may still be very substantial holding for the long term but the risk associated with listening to the company are too great to make too big of an investment bet. My real-time quote service is Interquote.com. Bid/ask size are one of the data fields I follow. Thanks for your comments Trezza, I guess Roader has been off line for a while or he has tired of all my questions. Now that I have lighten up I can ride through the coming storm. Chris ....

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