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

To: Ron Kline who wrote (569)	6/25/1998 8:41:00 PM
From: incomep	Read Replies (1) \| Respond to of 765

[I've never heard of anyone able to make money investing this way.] Sure, he can. If the company went to bankrupcy, he can be awarded as the largest shareholder. Just kidding.

To: Ron Kline who wrote (569)	6/26/1998 12:14:00 PM
From: Woggle	Read Replies (1) \| Respond to of 765

I'm learning this "the hard way". I had previously sold eqnx at 25 3/4 before the split thinking it was overvalued, though I liked the company and wanted to get back in. When I saw it go down to 13 and then 11 (on what seemed to be no news...) I figured the correction had been made, that I could buy in and at the next quarterly report I would sell again at 17 or 18 (this was based on the assumption that they would make estimates...) When the bad news came out and the stock went into sevens I figured they'd do a buy back and the price would go up to around 10 or so. I'm still holding out for a buy back but I don't expect the share price to get up to 13 any time soon. To be honest I think my biggest mistake is reading the stock page every day. Maybe I should put in a gtc order to sell at 10 and read the sports page for the next couple months. Like I said, it ain't the grocery money. At this point, any money I lose is money spent on my education. (I've made some good trades too.)