Fred,
The market is being very hard on a lot of stocks at this time--but admittedly, especially hard on RGFX--right now RGFX is selling at just over 11 times trailing earnings (0.42). The volume has been low for the last two days, but there is still selling going on. With the market the way it is, investors are very hesitant to buy. By all rights RGFX should turn around soon.
DATE CLOSING PRICE OPEN HIGH LOW VOLUME -------- ------------- -------- -------- -------- ----------- 11/11/97 4 3/4 4 7/8 5 4 3/4 47,900 11/10/97 4 7/8 5 5 1/8 4 3/4 34,700 11/07/97 4 15/16 4 15/16 5 1/8 4 3/4 86,500 11/06/97 5 5 1/16 5 1/16 4 15/16 81,200 11/05/97 5 4 7/8 5 1/8 4 7/8 97,100 11/04/97 4 15/16 5 1/4 5 1/4 4 7/8 116,000 11/03/97 5 3/16 5 3/16 5 5/16 5 1/16 56,800 10/31/97 5 1/4 5 1/4 5 3/8 5 1/8 54,200 10/30/97 5 3/16 5 3/16 5 1/2 5 3/16 77,200 10/29/97 5 1/4 5 1/2 5 1/2 5 1/8 110,700 10/28/97 5 1/4 5 3/16 5 3/4 5 180,100 |