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Technology Stocks : RGFX Raster Graphics

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To: darren_ who wrote (140)	8/1/1997 6:42:00 PM
From: Richard Haugland	of 593

I saw the drop in the bid to 6.625 too but there were no trades at that price today (looking at individual trades at Papyrus.com). Low was 6 3/4 with all trades at that price apparently sucked up by MM again. However, it seems ominous that the MM may be trying to push RGFX down even further. Not sure this horse is going to race very fast for a while. It mainly has been ping-pong between selling to the MM at 6 3/4 and buying from him at 7 to 7 1/8 until the MM apparently relented and sold 1000 shares at the bell at 6 15/16 fo go home for the weekend. I predict real steady-state trades until someone moves in to try to buy a lot some day.

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