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Technology Stocks : edusoft (EDUSF)
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To: Frank Gasker who wrote (7)12/27/1996 6:34:00 PM
From: John Hayman   of 272
 
All,

I owned this stock a few years ago. As you can see by the stock price I was lucky to get out at that time...even with a loss! When I first bought it, the story looked pretty good. The problem started about 1 1/2 years ago, fundos just went down or stayed flat. Revs. also went down, do mostly to Latin America cut in spending. The parent co (forget its name) doesn't appear to help much, and the U.S. part is really following short of expectations.
So, at this price its a different story. I never thought it would go this low, but here we are. Before I get back in I'll have to see some positive numbers for a few Q's. It is cheap now, but it may stay cheap for a long time! Flip of the coin on this one.

John
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