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Technology Stocks : RGFX Raster Graphics

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To: Richard Haugland who wrote (62)7/24/1997 1:44:00 AM
From: Jeff Lawlor   of 593
 
Richard:

Sam: Thanks for the conf. call #.

This stock seems to have been manipulated over the past few weeks. There was a runup to 8 a few weeks back followed by a drop back to 6 7/8 levels a few days later. I'm not saying history will repeat itself but it seems someone is in the "know" and they have been accumulating shares around 6 7/8 - 7. Each time RGFX's price increased some, it was followed with a drop back down slightly below 7.

I'm cautiously optimistic that this runup is due to a potentially stronger than expected earnings report.

We'll just have to wait and see.

Regards,
Jeff
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