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Technology Stocks : Equinox Systems (EQNX)

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To: Scott H. Davis who wrote (702)4/6/1999 7:56:00 PM
From: HeyRainier  Read Replies (1) of 765
 
It's not just a matter of the gain being yesterday. The large caps have diverged from the small caps for well over a year now. I have diversified by finding the relative values within the large cap arena (e.g. DeLL at 35.75 about 1.5 weeks ago). Something within the wide spectrum (microcap and large cap) that I now hold should react, and it has.

I'm curious if something in EQNX's fundamentals are being reacted to. The previous downturn, which did not get announced publicly until it was too late, has hurt somewhat the prospects of others trying to get in the way of the stock's weakness, for the downturn may not be just a matter of irrationality, but in fact may be a rational (but unannounced) adjustment in earnings prospects for the company.

Views like this, I believe, whether justifiable or not, are part of the costs of opaque communications between shareholder and management.

Rainier
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