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ePlus inc. Message Board

  • palosparkflash palosparkflash Nov 25, 2003 9:36 AM Flag

    Normal Volume at the start

    Already today is better than yesterday. No apparent funds dumping at the start. Only 25k compared to 100k yesterday.

    If Putnnum is done dumping, maybe ePlus can start to move higher today.

    I am in ePlus for the long haul, but its still hard not to notice daily activity.


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    • I'm in for a little more this morning at 11.59 ,still going to hold a bit for one more buy. I talked to invester relations yesterday and they would not comment on the stock drop or give any guidiance for 2004. They are chasing bigger fish and the market is not easy but he pointed out that so far they are increasing revenues and earnings and have been profitable for many quarters. He has been with the company 13 years and mentioned that it is 30% insider owned and the high book value to the price. About the only item that I could read between the lines on was he thought or implied that the economic recovery was a bit ahead of what they were seeing for new business, the guy sounded so conservative that I really did not take this as a negative but rather that their business would soon reflect the pace of the rest of the economy. i do think that new order news especially from a bigger fish is the key to really moving this thing in a big way, as methodical and conservative as they sound this may not happen until you see it in the quarterly report. In the meantime I think the general market and the oversell will carry this thing higher in the near term.

    • Looks like some good buying this morning,a couple of more days like this and it'll be back on track.

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