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

To: trezza who wrote (426)	3/17/1998 4:24:00 PM
From: Christopher Brainard	Read Replies (4) \| Respond to of 537

I sold a third of my position today. Looks like the markets the company sells in are pretty volatile. Even the management cann't see very far ahead. Unless these guys were sandbagging things in the first quarter earnings conference call? New sales must be pretty weak this quarter if even with the carry over sales from the 1st quarter they could only do $0.21. My bet is that the costs to get the configuration center going were much higher than management lead up to believe or expect. Here they either knew more than they said or they are not very good at controlling costs. My confidence has been shaken and I doubt I will commit to the levels I did after the 1st quarter earnings report. Returns may still be very substantial holding for the long term but the risk associated with listening to the company are too great to make too big of an investment bet. My real-time quote service is Interquote.com. Bid/ask size are one of the data fields I follow. Thanks for your comments Trezza, I guess Roader has been off line for a while or he has tired of all my questions. Now that I have lighten up I can ride through the coming storm. Chris ....

To: trezza who wrote (426)	3/23/1998 2:25:00 PM
From: Roader	Read Replies (1) \| Respond to of 537

En Pointe -2: Tucker Anthony Cuts FY98 Net View To 94c/Share Dow Jones News Service via Dow Jones NEW YORK (Dow Jones)--Tucker Anthony Inc. downgraded En Pointe Technologies Inc. (ENPT) to market performer from strong buy. In a research note, the firm cut its earnings estimates to 94 cents a share from $1.10 a share for fiscal 1998 ending September and to $1.27 a share from $1.38 a share for fiscal 1999. Tucker Anthony cited a "slower-than-expected ramp in the company's service business" and the firm's belief that its second-quarter expense forecasts may have been slightly low. En Pointe, of Los Angeles, distributes computer equipment and peripherals. (END) DOW JONES NEWS 03-23-98