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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: Sonki who wrote (471)12/13/1997 10:47:00 PM
From: mark bailey  Read Replies (1) of 1460
 
Sonki-I wish I knew whether this is a good long term investment or not. I came across EFII few years ago, Investors Business Daily and Smart Money Magazine. I would not have expected this kind of miss. Management has been highly regarded by the press and the analyst (not the smartest group of people on the planet but closer to the action than I am). Some others on this board will have much more insight than I do.

Right now I'm keeping my cash out of the market. Again, I'm not an expert but Investors Business Daily shows the NASDQ, SP, and DOW and their relative strengths and the charts are starting to look a little like they did in the January/Feb time frame of this year. DOW doing ok but small and mid caps falling. Eventually, both will fall or the small caps will recover.

One other note-did anyone see the recent Business Week which featured Jack Welch's plans for additional restructuring/downsizing??? I work for the aircraft engine division and the message we are getting is the Asian "crisis" is worse than thought and having a bigger impact than expected. Jack is ahead of the curve and is acting now. Scary part is this won't show up in most companies numbers until spring or so. Could be the beginning of the end of the current Bull run????
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