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Technology Stocks : edusoft (EDUSF)

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To: edwin k. who wrote (17)3/3/1997 8:02:00 PM
From: Frank Gasker   of 272
 
I downloaded the 3.1 version since I obtained simular results with 95/nt version. Had no trouble thereafter.

the quick ratio is also known as the "acid test" which is a stringent test of the companies liquidity.

Steve at Edustar returned my call unfortunately, I was out and he left a message that he will be on vacation until march 12

Anxious to see the 10k for 96. Will be posting on AOL but would like to see report to verify and check a few points out.
The 6 plus dollar target price is a good one. fiscal 95 EDUSF earnings was .35 per share and edusf traded around this area. Even with dismall q1 and q2 earnings, edusf recovered to .24 for 96. I see 95 earnings easily beaten.

fundamentally, one could easily argue EDUSF is undervalued and poised for a rebound. Technically, this stock has shown a near consistant downward trend for years. Any break above the 200 day average would be a bullish confirmation.

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