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

To: Dragon who wrote (594)	7/15/1998 1:17:00 PM
From: Pirate	Read Replies (3) \| Respond to of 765

Seems to me trading on fact rather than emotion will make more money... This company has $14M in cash, no debt, 24% owned by insiders, 39% by institutions, a PE of 10 and a book value of $4.29/share. (Source: 411stocks.com They just announced that the missing revenue from the last quarter has already been booked in this 3rd quarter. In addition, they went out on the limb to say that another OEM deal is in the works! There is nothing to turn around, the shortfall was a simple matter of timing and poor judgement on announcing it. Eqnx has great products, a bunch of people buying them (c'mon - 0.15 earnings ain't that bad! - The market over-reacted big-time). I for one, am ready to make money on this stock.