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Technology Stocks : RGFX Raster Graphics

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To: darren_ who wrote (294)9/25/1997 11:25:00 PM
From: Richard Haugland   of 593
 
Still long and hoping the sell off continues so that I can buy more before the quarterly announcement.

I am sure that you remember the disasterous results of last quarter's announcement day but if anyone reading this does not, just look for the day in July that the bottom fell out, despite what looked like quite reasonable results. A 100,000 share sale early in that day triggered a fall of ~20% from its high. No, I think I am going to sit this one out with my dwindling holdings (both in number of shares and value) for next quarter or for a positive surprise. RGFX got some good press and briefly rode the small cap wave, but those factors have failed to ignite the stock's price this quarter.

Darren, your posts on product release, or failures thereof, have been very informative and useful, especially to one not very familiar with the area. I am still long, but growing shorter. IMO, RGFX will not go below 7 again but it may well also not go above 8 again this quarter, either. Hope I am wrong, however.
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