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Technology Stocks : RGFX Raster Graphics

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To: David Barton who wrote (118)7/30/1997 5:06:00 PM
From: darren_   of 593
 
Analysts will probably hold off until after the next earnings report but I feel that this one may be "discovered" within the next few months. Don't look for a move past 8.5 until we get an upgrade.

I see a very limited downside risk. A market correction and/or product competiton is probably the only thing that will hit this one. I don't see new product competition for a while because RGFX is way ahead in piezoelectric technology.

15 is also my short term price target followed by extreme growth in '98. Yesterday I finally saw the effects of the extra spending in advertising - the company was mentioned in a review of large format printers (non biased informative article).

Happy investing!

Darren
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