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


To: HeyRainier who wrote (512)6/23/1998 9:30:00 AM
From: Christopher Brainard  Read Replies (2) | Respond to of 765
 
Rainier, I really hate to say it, but this type of action we have just seen in EQNX is the ugly nature of investing in small cap stocks. You can either moan and groan about it or you can accept it as the nature of the beast and profit from it. The same thing happened to APSG this year. Within a very short period of time the entire years gains were wiped out.

"This is one of the greatest declines I've monitored in the course of my investing. In the course of four trading days, the share value gains of a year have been wiped out. And all from flat revenues from one quarter, with even a possibility of an improved future outlook."

The key part of your statement was the last sentence! Assuming this earnings/sales shortfall is limited to one quarter, as are my hopes and justification for buying yesterday, we should all make out very well by the end of the year.

Hoping for the best ... good luck to all!

Chris ....