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Technology Stocks : RGFX Raster Graphics

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To: Fred Fahmy who wrote (304)	9/30/1997 12:14:00 PM
From: darren_	of 593

<<If I assume next year's earnings to be around .65 that gives me a price around 26. Obviously some things have to happen for the P/E to expand to 40. First, they must deliver on the earnings and second WS has to discover this stock>> Next years earning should be at least .80 if not closer to a dollar. As for WS discovering this one - they already have. This stock has been in several top picks and we did get a good rally and average daily volume has picked up considerably. Institutional is way up. All we need now is 1 (!!!!) good quarter and we will rally all the way to Disneyland ( disneyland.com ). I was positive that the last quarter would be the quarter but apparently WS doesn't like 40% growth with promises of much higher next year.

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