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


To: ratan lal who wrote (268)12/2/1997 10:46:00 AM
From: Christopher Brainard  Read Replies (1) | Respond to of 537
 
Its not the heat I cann't stand, its little people wasting all our time posting meaningless dribble. If you have something to contribute then by all means please do. Never ending 'I told you so' posts add nothing to the dialog!

PS: To all the serious ENPT folks, sorry the the digression. Just had to get a little frustration about investors like ratan off my chest. SI can be such an invaluable place to exchange information and thoughts. It pisses me off when people mess up a really good thing!!!



To: ratan lal who wrote (268)12/2/1997 10:46:00 AM
From: Roader  Read Replies (1) | Respond to of 537
 
Ratan, I would advise that when investing it is healthy took take a time horizon greater than 24 hours. Take a look at the trading pattern of ENPT from $9 to $24 and back again. At the same time observe the press releases that correlate to the peaks and troughs. You will notice that there is not a great deal of correlation otherwise ENPT would be at $30. Given that the market is the most efficient mechanism and is always right, ENPT is an arbitrage opportunity. We all know it should be at $30, the FUNDOS point to $30 and therefore it will be at $30. If I can buy the stock at 14,12,10 and 8 before it goes to $30 I think its a good deal. In that light, do you still think yesterday was a bad buying opportunity? Is the $1 cheaper I could get it for today make a difference in the grand scheme of things. I think not.

Roader