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Technology Stocks : Equinox Systems (EQNX)

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To: Christopher Brainard who wrote (666)1/14/1999 11:41:00 AM
From: Scott H. Davis   of 765
 
Tough due to broad market issues. EQNX is bucking well last 2 days, but remembering how "Fright to Quality/cash" has wreaked havoc with small caps, I'm nervous. So with a decent report, I think it will hold in the 14's after spiking into the 15's. Its nearing overbought so I expect some retracement after an earnings pop. With the gains we're bound to see people using the release to take profits when the MO shifts. Great report with good forward looking comments, add another $. Market selloff cancels any projections. Scott
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