SI
SI
discoversearch

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: Roader who wrote (348)1/29/1998 5:49:00 PM
From: Christopher Brainard  Read Replies (1) | Respond to of 537
 
Roader, I agree with you about the long plans and prospects for ENPT.
This was my first conference call with the company and I was very
impressed with all envolved, especially the president Susan Bailey and
CEO Bob Din. In a way I am glad this was my first call, had I known
what I know now a few months ago, I would have been buying more shares
all the way down the tube. Now I get to buy at or near the bottom.

I hope the market has a knee jerk reaction at the open tomorrow and we
can buy at around the $8.50 area!

For what it is worth, I have reworked my estimate for next quarter as
follows:

Estimated sales: $145,000
GP%: 10.5%
Gross Profit: 15,225

Selling expense: 8,300
G&A expense: 3,100
Net other: 400

Pre-tax income: 3,425
Taxes: 1,400

Net Income: $2,025
EPS: 0.32

If they have, as someone on the call said, a bonus quarter then sales
could come in above $150,000 and EPS could hit $0.38 pretty quickly.
The other unknown would be selling expenses which have been growing
pretty fast especially in Q198. Unless the wheels fall off in
February and March then Q298 should be very strong! (IMHO)

Well, good luck and enjoy your day of tomorrow. Sorry you are going
to miss a really big day for ENPT stock.

Chris ....



To: Roader who wrote (348)2/2/1998 9:59:00 AM
From: Christopher Brainard  Read Replies (1) | Respond to of 537
 
Roader, Looks like we have some supply here at $9.00. Hope there is enough buying interest to take this supply off the market and enable the stock to begin it's recovery. Once under way, this recovery might bring back the momentum boys. IMHO we have hit bottom and now the path of least resistance will be UP!

Chris ...