Equinox Systems (EQNX) Message Board

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Technology Stocks : Equinox Systems (EQNX)

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To: Jay who wrote (515)	6/22/1998 2:14:00 PM
From: Pirate	Read Replies (3) of 765

I don't think the company can't buy stock back until the information has been widely disseminated. That may be tomorrow. Think how it would look if an insider (or the company) started buying stock right now and the stock climbed. Then everyone would be screaming bloody murder again. I'll be looking for a buy-back tomorrow... As far as Institutional buying... perhaps they are taking the wait and see attitude... I for one am going to average down. Go back in history and take a look at this stock. Whenever there has been the slightest hint of bad news, the stock gets hammered. But it always comes back stronger. Management is strong, conservative, plenty of cash in the bank, some strong deals which management says should be back on track in the latter half of the year, new products coming out (I hope they're spending all that R&D on new products)... This stock has no where to go but up... The closest competitor (dgii) is trading at dgii at a PE of 17, and this puts eqnx at a PE of 8 for the year??? I'm betting on a pop back up....

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