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Technology Stocks : EN POINTE TECHNOLOGIES (ENPT) -- Ignore unavailable to you. Want to Upgrade?

To: James Edge who wrote (262)	12/1/1997 8:58:00 PM
From: ChrisJP	Respond to of 537

Hi James, My brother has owned ENPT for some time. He sold some at 24, but he has shared your experience of watching his remaining shares correct all the way down to their current level. Are you aware that on First Call, analysts following ENPT have cut earnings in the last 30 days ? A month ago, next quarter's earnings were estimated to be .30. Now the estimate is .26. Mar98's earnings estimate was .31 30 days ago. Now it's .28. These downward revisions may be the reason why people are selling. Regards, Chris

To: James Edge who wrote (262)	12/1/1997 9:05:00 PM
From: TimmFred	Read Replies (2) \| Respond to of 537

Specific reasons to buy now? 1. Hit and bounced strongly off of apparent chart support today. 2. Meltdown is accounted for by analysts' reductions of earnings estimates, but they reduced last quarter's estimates before the recent upside-surprise report, suggesting that their analysis was/is wrong. A recent increase in overall rating from 1.5 to 1.3 in FirstCall may represent an admission that the analysis was wrong or a statement that the price drop is overdone.