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Technology Stocks : Equinox Systems (EQNX)

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To: Dragon who wrote (600)7/23/1998 9:33:00 AM
From: Pirate  Read Replies (1) of 765
 
If there's anyone out there still harboring a grudge about the whispers that occured prior to last Q's earnings, take a look at the CA chart (Computer Automation). Giant crash yesterday, with a neat downward trend predicting it - pretty much identical to the eqnx chart....

Noone on the CA thread is complaining about it though. I have seen this hundreds of times - whispers, a drop (or a rise), and then whammo... but usually no complaints - does anyone have any insight as to why eqnx got hammered so badly? Is it still suffering from that mistake - seems that the fundamentals for this company are great! But the stock is languishing far below the PE it should have.
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