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Technology Stocks : RGFX Raster Graphics

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To: Jeff Lawlor who wrote (53)7/21/1997 5:22:00 PM
From: darren_   of 593
 
No but I believe it was around 30%. Supposed to release earnings tomorrow so I went ahead and picked up a sizeable chunk at 6 7/8. Check out these links -

To give you an idea at the size of the market that the P5000 had the "HotPick" at.
sbforums.com

"In addition, the average annual budget for each attendees' organization for publishing-related products was $4.53 million." - Not bad, RGFX needs only capture a small fraction of this market to be tremendously profitable.

Here's a great shot for RGFX and the signifigance of their P5000.
seyboldseminars.com (read the whole article)

"There is another force coming, which should cause all three of the leaders to look over their shoulders. Raster Graphics, until now a player mainly in the high-end, elecrostatic market, has cut its entry-level price nearly in half with its first ink-jet device, the PiezoPrint 5000. It uses piezoelectric printing technology, which is claimed to support longer life for the print head and, since no heat is involved in the printing process, it may provide better color consistency across a print. It is still a comparatively expensive technology compared with standard ink-jet printing, but when the cost comes down, the major vendors of ink-jet systems had best beware."

"Being about ten times faster than other large-format ink-jet devices on the market , the PiezoPrint 5000 is best suited for production environments. Its price is notable, too, since it has become the industry's first real workhorse-caliber printer with a price tag lower than $100,000."

How many people are going to buy any other inkjet when they can get 10x the productivity from the P5000? To get an idea as to just how fast 360 sq ft/hour is, just imagine a standard piece of 8.5 x 11 paper at .65 sq ft = 550 per hour or a 12 x 24 billboard in 48 minutes. Pretty darn fast for an inkjet!

I've got my fingers crossed. Best of luck!

Darren
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