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Technology Stocks : RGFX Raster Graphics

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To: darren_ who wrote (429)11/12/1997 7:39:00 PM
From: Buzz Mills   of 593
 
If you bought at 4 5/8, you started the rally on RGFX today. Pretty good following you have--there were a lot of shares traded in a hurry when it turned around. Wouldn't it be nice if an offer did come in from Encad--that would definitely turn this stock north in a hurry. According to the numbers in Yahoo, RGFX has a book value of $3.11--only selling at 1 1/2 times book value makes the stock an attractive target--especially if RGFX has something that Encad wants-i.e. technology and production printers--as the RGFX CEO said on the conference call--Encad and Raster Graphics are complementary --sounds like a perfect match. I wonder if the Encad CEO thinks that same way?

Buzz
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