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Technology Stocks : Equinox Systems (EQNX)

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To: Scott H. Davis who wrote (625)10/13/1998 12:22:00 PM
From: Pirate  Read Replies (1) of 765
 
I've averaged down all the way.... picked some more up yesterday. I can't see how we can miss at these prices. It is simply too cheap.

One theory is that the funds are doing their enod of year tax loss selling very early this year. That puts a lot of pressure on these small guys, but they say the selling is just about done, and now the pressure is off, so the stocks will go back up. Apparently they don't want to show capital gains on a fund that's already losing money for the customer - can't blame 'em.
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