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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: who wrote (5)7/5/1996 3:04:00 PM
From: Teddi Fiero   of 355
 
Since this is the first time I've responded to anything on this site, I apologize for not knowing how to send to all concerned.

Edify (EDFY) has been tumbling for days. The stock dropped 3 3/4 points today, closing at 19 3/4 from the all-time high of 55 3/4. I've yet to find anything negative about this company -- several brokers are rating it a BUY or BUY/HOLD. Does anyone out there have any information about why the continued drop? FYI -- The last trade on EDFY was for a block of 15,000 shares...

Thanks for any assistance.

Teddi
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