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Technology Stocks : Equinox Systems (EQNX)

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To: Ron B who wrote (552)6/25/1998 6:55:00 PM
From: Ron B  Read Replies (1) of 765
 
Today marked the 7th consecutive down day for
EQNX. It also marked the 11th loss out of the
last 13 trading days. Now I am no expert on
TA but I've gotta believe that this stock is
due for a technical rebound of some kind...

Only problem is--- I see that the last trade
was at the low of the day and was a large
block of 17,500 shares. Looks like the selling
may not be over just yet.

Maybe after window dressing is over the institutions
will return. Small cap value funds should be interested.
BTW, I think the fund holding the largest position in
EQNX is Fidelity LOW PRICE stock fund. They sure got
"THAT" right...
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