EFII - Electronics for Imaging Message Board

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Technology Stocks : EFII - Electronics for Imaging

EFII 36.97

0.0%

Jul 23 5:00 PM EST

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To: Pmsmith who wrote (445)	12/13/1997 8:34:00 AM
From: brian chan	Read Replies (1) of 1460

While the situation looks grim, let's not compare EFII to IFMX. IFMX _lied_ on their revenue numbers and had to restate most of the numbers. EFII, no other hand, has not done that - yet -. The selling today was _way_ overdone but this is typical of W$. You either love it or hate it. Another reason EFII crashed today was the EOY effect -- why pay the tax if you can offset your gain. Of course, it may fall further Monday but you have to look at the fundamental. Had the picture changed that drastically that would warrant a 60+% drop of their mkt cap? EFII has > 250+M in the bank. That's about $5 per share. Unless this is fraud, EFII will weather this storm. Remember EFII has a virtual lock on the highend color printer mkt. This segment of the industry will continue to grow. Granted the stock has not been acting right in the past few days. Anybody will be foolish to say that someone didn't figure this out in advance. However, at least the mgmt pre-announced to the world rather to a few selected clients. In this case, the mgmt did the right thing. Nonetheless, there will be law suits filed next week. For those subscribed to WSJ, you can read the following SmartMoney article: smartmoney.com You may feel a little bit better. Like the Latin crisis, it will take a bit time but this Asian flu will pass. The orders will come back. EFII have a bunch of new products coming down the pipe. You can always take this diaster du jour as the opportunity for next year.

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