Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TimmFred who wrote (264)	12/1/1997 9:19:00 PM
From: steve beckle	Read Replies (1) \| Respond to of 537

Concerning analysts estimates: Does anyone know why the estimates were lowered? I hate to see this stock drop just based on what some so-called experts say, although I know that's part of the game..herd mentality supersedes reality. With the earnings growth it's shown, plus the lack of negative news since last earnings report, I don't have a good reason to sell (having bought at 18.5 has something to do with it too). Maybe the get-rich-quick folks are panicking and bailed out. I watched SFAM drop 50% right after I bought it before it then went up 400%. I'm riding things out. This ain't the first time I've seen this happen.

To: TimmFred who wrote (264)	12/2/1997 8:39:00 PM
From: James Edge	Read Replies (1) \| Respond to of 537

Thanks for your response. I was unaware of analyst' eps estimate reductions. Considering that they beat the estimates by .06 the last quarter, it's a shame (and a surprise)that it's taken nearly a 50% hickey. When do you think that some buying pressure will re-emerge? I'm hoping (although not really expecting)for a relatively quick recovery (I don't have 12 months to wait). This is the first time I've gotten scalped not having violated my self-imposed trading rules. That makes this experience extra painful. Good luck...and thanks for your input. James