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Technology Stocks : Stratasys (SSYS)
SSYS 10.39+0.7%Jan 12 3:59 PM EST

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To: turbi who wrote (140)7/29/1997 12:16:00 PM
From: SpecialK   of 316
 
I've been following SSYS because of the Magic 25 selection. I thought the prospects looked good but recently I had noticed that last year the stock had a similar drop due to delayed shipments of a new product. Sounds like what happened this year.

Regarding the IBM sale, it was on May 21 when the price was about 23, their stake was about 9% previously, their sale would give them about 11Million dollars. I wonder why they would sell 490K out of 500K and not the whole amount. Also, I'm sure 11M would not be a big deal to them , their earnings for the current quarter were 1.46Billion, with revenues of 18+ Billion. Any comments?
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