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Technology Stocks : RGFX Raster Graphics

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To: Sam Citron who wrote (89)	7/25/1997 3:06:00 PM
From: darren_	of 593

I think that all this is just panic. We had a 100k share sale early and then the bottom dropped out. I really wish that they had not said anything about operating expenses because this is not news - in fiscal 1996, operating expenses were 32.17% and this quarter they were 32.22%. If they SURGE to 34% well then big hairy deal. I'm sure the extra cost will be justified by the extra revenues. RGFX has a problem - They haven't captured the attention of the US printer market. They are addressing the problem. They shouldn't be punished for it because this certainly represents an opportunity for extreme (!!!) growth. Best case senario : RGFX establishes a large presence in US sales and the dollar weakens. Does anyone have any idea about what is going on here? Dg

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