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Technology Stocks : Stratasys (SSYS)
SSYS 10.13-4.3%10:51 AM EST

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To: Todd N. Weisrock who wrote (142)7/29/1997 5:49:00 PM
From: Stratajema   of 316
 
Todd, which news service did you get that analyst downgrade from?
I have got to get a better source of news.

BTW, that analyst's remarks are absolute garbage. Analysts are playing games with the stock the same way they manipulated networking stocks earlier in the year. (Noticed how those stocks went from 52 week lows to 52 week highs in 4 weeks. - g-) Basically, the analyst is saying Stratasys is going to have the same earnings as last year despite having two new products in their line up. IMHO it has always taken 8 to 9 months to close the sale of the FDM machines from when a customer is first identified. There is no reason to expect otherwise with their new 8000 machine.

Now we know why Stratasys announced a share buy back. They were smart to anticipate these analysts would start wacking the stock.

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