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Technology Stocks : Raptor systems
RAPT 35.42-1.2%Dec 26 9:30 AM EST
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To: Adrew Thanh who wrote (56)9/5/1996 11:48:00 AM
From: Edward F. Aboufadel   of 84
 
Wait until late October.

I don't expect much if any action in RAPT until 3Q earnings are released in late October.

Also, this is probably old news, but the short sellers have run away now. According to the monthly short interest list from Nasdaq, short interest in RAPT did not change much at all between July 15 and August 15. Since July 15, RAPT has been in a trading range of 15 to 20. (OK, so that's quite a wide range.) The chart still looks bearish to me, too. I like the company, but I would wait another 6 weeks for any new fireworks.

Ed A.
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