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Technology Stocks : Equinox Systems (EQNX) -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (291)3/10/1998 1:20:00 PM
From: Scott H. Davis  Read Replies (2) | Respond to of 765
 
DD, to late? depends on your time frame. May not be an optimal entry point, on other hand, when folks read tonight, we may see a further rise, esp once people do some more Due Dil. and see the great balance sheet & valuation ratios. This and the revenue stream the IBM partnership will generate limits the downside risk.

Unless EQNX comes in below estimates, should climb back into the 21-23 range with the next earnings announcement (mid April?). If the expanding margins dynamic results in continued good EPS growth, we're looking at 22-25 after the 2nd qtr. Not a bad annualized return. Only negative on the horizon is the heavy insider selling that took place last fall. My thoughts, Scott