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Technology Stocks : Equinox Systems (EQNX)

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To: Bruce Russell who wrote (593)7/15/1998 11:21:00 AM
From: Dragon  Read Replies (1) of 765
 
Dead cat, or dead CEO bounce? I'm sorry, but this guy is totally out to lunch. I'm really thrilled to hear that they had a 31% increase in earnings for the first 6 months. I guess when I punch up EQNX for a quote the 60% decrease in the share price since he and his buddies started unloading their stock was only a figment of my imagination. The trend in sales and earnings in this company #%*!'s. But now he wants all of us to jump right back on the turnip truck and believe they are on the verge of turning it all around.

I'd really like to hear more about the $1 miillion in sales that "slipped" to the 3Q. And that was really slick putting in the tease about the new OEM account. Maybe there really is a new OEM. Maybe this new OEM will actually place real live orders rather than share press space with these guys about certification of EQNX products. Certification isn't sales the last time I checked.

I'm sorry, but this company shafted it's shareholders not one month ago, and now it wants all of us to rally 'round the flag and bend over again.
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