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Technology Stocks : RGFX Raster Graphics

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To: Buzz Mills who wrote (333)10/20/1997 2:02:00 PM
From: darren_   of 593
 
According to Yahoo, earnings are due out on the 28th, which is next tuesday and not tomorrow which gives us some time to figure out what is going on with this one.

Estimates are for only .11, so I feel that we can easily beat that. The company has had 14 consecutive quarters of revenue growth which makes that a pretty safe assumption. In the 96 annual report, they seemed to be foreshadowing alot of aquisitions and I feel that they may be up to another one, which would probably be the only thing that will hurt this one.

I do not know what is holding this one back. In the last quarterly, they made some very bullish statements that I thought would put this one over the top but we had a 1 point drop. Technical Analysis shows big resistance at about 8.5, which is where we are at now. If we break resistance, this one could double and this could be the quarter that does it Insiders haven't been very nice either.

stocksmart.com

Still long and very curious,

Darren
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