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Technology Stocks : Equinox Systems (EQNX)
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To: Scott H. Davis who wrote (409)5/4/1998 1:29:00 AM
From: HeyRainier  Read Replies (1) of 765
 
Scott, the chart developments have exceeded my expectations as well, and have caused me to adjust the trendlines slightly to take into account the most recent price peak. With the new lines in place, the story remains the same as before, and that is the stock price is near the upper boundary, which gives cause to expect only a muted advance from these levels.

Still, it's hard to argue with a winner, and as Peter Lynch says, don't sell your winners because that would be like pulling out the flowers and watering the weeds. Obviously that strategy has worked well for EQNX. Let's see if it can continue on into the future.

Regards,

Rainier
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