Stratasys (SSYS) Message Board

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Technology Stocks : Stratasys (SSYS)

SSYS 9.840

-0.4%

Nov 5 3:59 PM EST

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To: Robert Henry who wrote (122)	6/29/1997 6:32:00 PM
From: Stratajema	of 316

Robert. I don't think the price movement is a result of the reason you specified. (I invest in this company because I trust management.) What is occurring is that the momentum fund boys (and girls) are either pulling back before SSYS's expected quarterly sales announcement next week or they are taking profits. I think SSYS will need to show Q2 sales of at least $8.7 million to maintain the current trading range. I roughly estimate their breakeven sales level at $5.8 to $6.0 but this is real hard to pin down because of their varying R&D and other expenses. If they hit $8.7 million in sales then I consider that great but I fear some momentum trading geeks will compare prior year sales and then note the slowing % increase in sales on a year-over-year basis. Enough of me trying to 'foolishly' time a re-entry into this stock. < g> I will be buying my first one-third position this week and will add the subsequent thirds (at a lower or higher price) as company or market circumstances dictate. - David

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