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Technology Stocks : RGFX Raster Graphics

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To: Richard Haugland who wrote (72)7/25/1997 6:24:00 AM
From: Sam Citron   of 593
 
Richard,

<<too burned recently by stocks that report up earnings and go down>>

Why follow the heard and sell on good news? Such a strategy might make sense only if the good news had already been fully discounted in the stock price and you are an active trader. RGFX is at the beginning of a very significant product cycle with an award winning new product and is well placed in an industry that is growing at over 30% per year. Its own growth is even faster as it appears to be taking market share from competitors. All this and a '98 PE of less than 10. These opportunities don't come very often in this market. This company has been overlooked. Once it is "discovered" it will be in the 30s.

If you know of a better place to invest than RGFX, I'd sure like to hear about it.

SC
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