SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RGFX Raster Graphics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ilan saadia who wrote (95)7/27/1997 10:21:00 PM
From: Jeff Lawlor   of 593
 
I plan on buying more shares tomorrow also. RGFX seems extremely undervalued at this point. If FY '97 comes in at $0.53-0.55 EPS, forward looking P/E would be close to 13. With expected growth of >40% for rest of year and 1998, PEG would be close to 0.3 (extremely low).

Some potential reasons for drop on Friday (all IMHO):

- Seasonally weak Q3 (Rak mentioned this in conf. call - street could have taken this as a negative)
- Operating expenses 32-34% for Q3 and Q4 (mention of increase from 32% in last few qtrs. to 34% may have created some panic, even though it seems small)
- International sales 61% (street may have expected to see more US market penetration - although this hopefully will change with new director of sales)

Just a few thoughts based on conf. call. I feel the panic was unwarranted on Friday and am looking forward to an increase on Monday.

Regards,
Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext