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Technology Stocks : RGFX Raster Graphics

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To: ilan saadia who wrote (156)8/8/1997 4:42:00 PM
From: darren_   of 593
 
<<This stock has gone back and forth from 7 1/8 to 6 3/4 ALL week.>>

It has been exactly like this for the past few months, exactly 7 1/8 ask and 6 3/4 bid, with a few hops to the upside or downside but only to settle back in on the usual.

<<When will this company be noticed?>>

When they prove themselves. I thought last quarter was good enough but apparently the market thought otherwise. There are 3 "strong buy" reccomendations out on the stock. I have a feeling that after the next quarter we will see some heavy upside action but not until then. Everyone is worried about the seasonally weak Q3 in this market but this is arbitrary because earnings are compared to the same seasonally weak Q3 of the previous year.

I do have a good feeling about the current quarter though. I feel that many prospective P5000 customers may have held off on purchasing it until the company provided a good base of consumables. If this proves to be true, then the weak Q3 will be bolstered by these sales. 40% growth over FY96 Q3 would put revenue at mid 15's but I think that we could see over 16. We probably won't see much action in stock price unless they come close to 16 mil.

Just my $.02

Darren
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