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Technology Stocks : Equinox Systems (EQNX)

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To: Christopher Brainard who wrote (542)6/24/1998 1:59:00 AM
From: Rob S.  Read Replies (1) of 765
 
I just bought back in today. I think this inventory correction should wash out within a couple of quarters and EQNX will move up significantly from where it is now. But I don't know if I will hold on for the long haul. The TA on EQNX looks too good to pass up. I figure there is maybe a 20% chance the stock will continue to move down and an 80% chance that it will continue to level off and move up. The move was so extreme that we could get a quick bounce. This looks like a good company with a few "faults": 1] limited product and customer market diversification and too narrowly followed. Well the narrow coverage does lead to volatility, which can be great. we'll see.
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