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Technology Stocks : EFII - Electronics for Imaging
EFII 36.970.0%Jul 23 5:00 PM EST

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To: PeterR1700 who wrote (458)12/13/1997 8:43:00 PM
From: Sonki  Read Replies (2) of 1460
 
RESEARCH ALERT- Electronics for Imaging 98 erning .65 = 21 forward pe

NEW YORK, Dec 12 (Reuters) - Prudential Securites said it has reversed its earlier downgrade of Electronics for Imaging Inc (Nasdaq:EFII - news).

Prudential analyst Alex Henderson downgraded the stock on Friday morning to hold from buy, but later upgraded it back to buy, a source at the
company said.

-- 1998 earnings per share estimate now $0.65 to $0.70.

-- Re-evaluation due to stock being oversold at the open.

-- Earnings and revenues should recover in third quarter of 1998.
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