I know ENG extremely well having held her for some periods in the past and enjoy their outlook. They are the real thing and will do well in 07/08 but not yet IMO. Stokes is pioneering a new bbusiness plan through companies like ENG where the ttechnologies will converge along with companies like QFX. It will be a brand new social network that will replace TV and computers and telephony.
MNF is a spec that was undervalued - they clearly have potential to grow alongside ENG & FRE through their own business niche products and other synergies. MNF are value but now ENG has become a lumbering beast that one day again will have its day in the sun - but not yet.
ENG's loss has been disappointing - their capex is very high and again they are sacrificing profit and shareholder value due to the never ending push for growth IMO.
They will do well but just not yet.
engin performs, page-7
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