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Technology Stocks : RGFX Raster Graphics

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To: Fred Fahmy who wrote (439)11/19/1997 3:46:00 PM
From: darren_   of 593
 
I think that RGFX got caught up in tax and margin related selling. Most people sold their less desirable stocks for fundamentally sound stocks that went on sale during the meltdown a couple weeks ago.

Encad was upgraded today and RGFX riding the coat tails. If the rumored ENCD/RGFX deal is going to happen, it will happen soon so Encad can get the best deal possible. I think that if it does happen, we might see an offer of 8.5 in stock. Encad would be making out like a bandit at this price and the RGFX products could finally have the marketing that they need.

I think that ENCD could sell $100 million worth of RGFX equipment in FY98.

Darren
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