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Technology Stocks : Encore Computer: higher risk but great potential
ENCC 0.0121-2.4%Jan 14 2:47 PM EST

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To: Arthur Tang who wrote (754)5/7/1998 5:55:00 PM
From: Bob Crawford  Read Replies (1) of 811
 
Hi Arthur,

The RSX system is a "reflective memory" system, a step or two up from the SEL and Concept series of systems. The RSX is much lower in power compared to the "Infinity" however. It appears that ENCC is trying to stimulate some quick cash by lowering the price of those systems and spares they have in plentiful supply (SEL/Concept).

Herb Wright is the party who ran the Encore "Direct" segment of the business in the past for ENCC. He has done a good job of selling add-ons, upgrades, etc. to to the existing base. This is probably an added responsibility to help generate cash from "stores" on hand. These stores are already made up and paid for, so its clear cash input when you sell one.

As for Herb being one step in the grave.....I think that is a prejudicial statement, since Herb is over 60! I'm still your friend, but we need to keep things on a higher level !

Happy Investing,

Bob Crawford
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