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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (262)1/26/1998 11:44:00 PM
From: Scott H. Davis  Read Replies (2) | Respond to of 1720
 
[EQNX - A Rainier Pick] Has been much more volitle last 3 months than last year. Recently they pre-announced a positive EPS surprise. MMs artificially raised price, which subsequently had a brief collapse, but is now back in record territory.

Question is: Based on chart and pre-announce - Is EQNX likely to continue uptrend after EOY final figures (which will probably be =>.35, vs .17 year ago), or will enough traders be looking to sell into year end release to actually cause a downtrend (the painfull recent history of SBEI).

Welcome all analysis, Scott

Raineir, if you're in a lurk mode, hope you're having an insightfull sabatical.