To All:
Individual Investor's Sept 97 issue lists RGFX among the top 100 fastest growing companies in America.
II's criteria for this list is 1) at least 1 of the last 4 quarters with 100% growth in earnings (excluding any onetime gains or losses), 2) at least $0.05 eps in the most recent quarter, 3) increasing sales over the last 4 quarters, 4) power rating based on key valuation, liquidity, operating efficiency and projected earnings growth measures. They used Zacks and I/B/E/S for most of the info.
II ranks RGFX #33 out of the top 100 with low P/E, high projected earnings growth ~ 37%, low PEG, low P/S. Some companies listed ahead of RGFX are INVX, DELL, APM. Some listed behind of RGFX are ASND, WDC, VRLK. They didn't have anything to say about RGFX specifically.
I wonder if this had anything to do with the rise yesterday. Especially given the nervous market over the last few days, investors may begin flocking to undervalued small-caps (which I believe RGFX is).
Regards, Jeff |