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


To: Roader who wrote (409)3/4/1998 11:20:00 AM
From: Christopher Brainard  Respond to of 537
 
Something is not adding up here! The company is telling folks that 2nd quarter earnings are going to come in at the $0.21 - $0.24 area. This information is not going to the small holders, but to the big guys. These guys could be selling on this information, but the stock is trending higher. This doesn't make sense. Information regarding an earnings short fall of this amount on a stock with the recent history of ENPT should be resulting in a different market reaction.

Could the company possible be trying to free up some stock for the big boys who are getting the 'real story'. It is hard to believe that us small guys are receiving information ahead of the big guys with enough time to act on said information!

Roader, how are you adding up this situation?

Chris ...



To: Roader who wrote (409)3/9/1998 9:10:00 AM
From: Christopher Brainard  Read Replies (1) | Respond to of 537
 
Interesting news on the stock option front. According to the recently received annual meeting notice Bob Din owned 743,619 shares of stock and 16,667 exercisable stock options. According to a Feb 17th SEC form 13-G filing Bob Din's stock holdings has increased to 760,285 shares. Looks like Bob exercised his options and held the stock.

Any thoughts about this market action? Looks positive to me.

Any comments how the recent announcements from Compaq, Intel or Motorola might be effecting ENPT. Soft computer sales in the first quarter seems to be affirming the pull back in expected results for ENPT in the current quarter. If earnings come in at $0.21 the stock will likely take a couple of points hit. Trading opportunity or just a temporary set back to the longer term recovery in the stock?

Chris ...