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Technology Stocks : edusoft (EDUSF)

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To: JIM LOFLIN who wrote (1)12/6/1996 2:16:00 PM
From: Daniel Lee   of 272
 
I learned about edusoft from a Forbes article by Michael Gianturco several years ago. I began to buy it this year when it dropped to 5 1/2 and kept buying it on the way down. This is a thinly traded stock, at about 1 m float. Bid and ask spread is big. It was recently traded as low as 2 1/4 but I was able to pick up at only as low as 2 5/8.

Its near term prospect I believe will hinge on the success in Asian market. English learning is big business there and edusf seems to be gaining sales in asia. I hope that someone who has first hand experience with its software can keep us informed about its products or competitive products.

Dan
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