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Technology Stocks : EAII-Engineering Animation

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To: gyzniwa who wrote (45)5/6/1998 8:43:00 AM
From: George Lipper  Read Replies (2) of 98
 
Annual meeting got very good reviews from attendees. Several posting on the Yahoo message board provide excellent details. The yahoo board has been very active, and while some of the participants appear immature, others offer some very good analysis, particularly the posting of an ISU accounting prof named Arnquist. Worth your time to cross over and read them. As to yesterday's drop, it was on relatively low volume; looks to me like someone needed to raise some dollars and sold off 25,000 shares or so with few few buyers around. That took the market down while the market makers kept a wide enough spread to make a buck for themselves. I did not attend the annual meeting, but have personally talked with several who did. They raved about product display, quality of presentations, and prospects for the long term. I'd not be a seller here and (if I had the cash) would see it as a buying opportunity.
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