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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: David Smith who wrote (28877)4/10/1999 9:58:00 AM
From: Tradelite  Read Replies (1) of 122087
 
re:ESPI
I am not a stock shorter, nor am I long on ESPI but have been following this company for a while. Local stories about this company are not necessarily glowing, due to its rather insignificant niche in the total phone industry and its repeated management turnover.

I have heard my favorite stock gurus say a good entry point on this stock would be $10 and a target would be a maximum of $15. The stock is already at that level, and I notice there are a number of optimistic traders holding onto it who think it will go to $20. (I hope they are not willing to pay that much.) ESPI doesn't look like a winning short--OR a winning long--to me. Just my opinion.
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