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Technology Stocks : RGFX Raster Graphics

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To: darren_ who wrote (18)	3/18/1997 11:07:00 AM
From: Thomas B. Akin	of 593

Darren: With the stock here at around 6 and below the IPO price, I think we are going to have a bit of a problem. The introduction of the Piezo Print 5000 will affect this quarters results and I don't think 12 cents are in the cards for this quarter. It looks like we may have to live with something around 6 cents. Of course, this is being felt in the stock price now. The good news is that with the front loaded costs of introducing the PP5000 gone, we could set ourselves up for a lively and better remainder of the year. Also, I don't agree that ENCD has the edge over everyone else for long. But I do agree that the markets are growing so fast that RGFX will be okay. TBA

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