I got this e-mail too and will post it here FWIW:
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Electronics for Imaging, Inc. EFII: Nasdaq Last Trade 12/12/97 $14 7/8 Change -24 1/8 (-61.86%) Prev Close 39 Volume 32,373,700 Avg Vol 603,909 Div Date Feb 1997 Bid 14 13/16 Ask 14 7/8 Ex-Div Feb 1997 52-week Range 34 - 57 7/8 Earn/Shr 1.56 P/E 25.00 Market Capitalization $2.33B Shares Outstanding 52.4M Float 27.8M Net Income $87.1M Sales $389.2M Profit Margin 22% Return on Assets 26.09% Return on Equity 32.23%
Fiscal Year End: December 1996 Sales ($ mil.): $298.0 1-Yr. Sales Growth: 56.4% 1996 Net Inc. ($ mil.): $62.2 1-Yr. Net Inc. Growth.: 65.9% 1996 Employees: 354 1-Yr. Employee Growth: 59.5%
Number of brokers recommending as: Strong Buy 4 Moderate Buy 0 Hold 0 Moderate Sell 0 Strong Sell 0
Average Recommendation (strong buy) 1.00 - 5.00 (strong sell) This Week 1.0 Last Week 1.0 Change 0.0
Industry:COMP-PERIPH EQP Ranked 1 of 41
This stock has just experienced an overdone selling as an effect of general market feeling. After studying this company in some detail, it seems very strong, with excellent market/industry position, including good branding. EFII has a value of $30.00 per share. I must say that after checking the continuing financials, this looks like a great company. EFII is a strong industry leader. This stock is extremely undervalued. We should expect a strong move to mid 20s soon. EFII has well above average safety with well above average upside potential. It reflects that EFII is likely to give well above average, quite consistent returns over the long term. If you're looking to buy stocks with low risk & high reward stocks, this is the one for you.
EFII is extremely bullish, with a strong buy recommendation.Tendencies for prices to begin advancing are extreme at 100%, with a short term upside potential of $20. An uptrend has emerged and the long-term trend persistence is rated as oversold with risks limited.
For stocks investors, place an order to buy EFII at a limit price of $15 1/2
For options traders, place an order to buy EFFI Jan 10 call (EFQAB) at a limit price of $1 1/2
Electronics for Imaging (EFI) designs computer hardware and software for color desktop publishing. Its products link computer networks to a color copier, allowing users to create high-quality color documents in their offices. EFI's Fiery line of products includes scalable color servers, which serve both the low and high ends of the color printing market, and color controllers, which are integrated into desktop color printers to facilitate color printing. The company's products, marketed with the "Fiery Driven" logo, are sold to original equipment manufacturers such as Canon, Kodak, and Xerox and to dealers. For the nine months ended 9/97, revenues rose 44% to $299 million. Net income rose 59% to $67 million. Revenues benefitted from higher sales of Fiery XJ and Fiery XJ products. Earnings also reflect the Company's ongoing manufacturing savings efforts.
2855 Campus Dr. San Mateo, CA 94403 Phone: 650-286-8600 Fax: 650-286-8544 efi.com
After discussions today with the total of 4 analysts that cover EFII, we are more sure than ever that the company is doing great:
1) EFII has over 10 design wins that they will start announcing by late December and early next year.
2) The stocks of all of EFII's OEMs are appreciating recently. E.G. Xerox, Canon, Minolta. This should give us good indication about EFII's business.
3) Insiders have not sold any shares recently and still have a nice position in the company ownership. They know the future is bright.
4) EFII has just bought a new and bigger facility to move into. Obviously, they have expansion in mind.
5) EFII's management is now traveling in several countries overseas, promoting business and signing new contracts.
6) The analysts feel that the stock could only reach a bottom of $30.00, and at its current price of $14 7/8 it should start appreciate from here.
What people are saying about EFII on the internet:
"It's got to look like a good buy now. I mean if they were liking it at 50+ you gotta love it now!!!! Jump in... "
"Accumulating as much as EFII as you can. We expect a price target of $35-40 within 12 months."
"We should expect a strong move to mid 20s soon. I am buying..and have a lot of EFII. As always.. do your own research."
"It is also clear that the stock price will not stay below $15 for long"
"I agree that EFI is a great buy at these prices. I have friends who work for suppliers of EFI and they have been placing orders like crazy lately. It looks like their business volume is definitely increasing. I am long on EFI..."
"After discussions today with the total of 4 analysts that cover EFII, we are more sure than ever that the company is doing great"
"Starting on 12/12/97 we are going to load the boat with EFII."
"My buy order this morning was the fastest thing I've ever done in my entire life"
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