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Technology Stocks : edusoft (EDUSF)
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To: Frank Gasker who wrote (221)6/14/1998 10:06:00 PM
From: Arch  Read Replies (1) of 272
 
Frank,

I also noticed some large volumes a while ago but was disappointed with the subsequent low volumes and price declines.

The stock is an incredible bargain at sub-6 levels. Recall that it reached the level about a year ago, BEFORE the outstanding 2nd quarter earnings report in 1997 and other 3 good quarter reports.

I agree that 2nd quarter 1997 (.22) is hard to beat. Perhaps this underlies the current price pressures. However, if EDUSF can earn .18-.22 (which is likely in my opinion), I don't see why we should not continue to like the stock.
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