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Technology Stocks : Individual, Inc. (NEWZ) - Any thoughts?
NEWZ 28.61+1.0%Nov 5 3:51 PM EST

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To: Ms. Baby Boomer who wrote (845)12/15/1997 1:00:00 PM
From: Len Giammetta  Read Replies (2) of 1004
 
[Off Topic,again]>>EFII<< Gapped down after downgrade... upgraded since... rec'd E-mail from "Stockpro". Advises as follows:

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. On Thursday night's disappointing news, the stock at $39 was downgraded by Prudential Securities to hold from buy. But Prudential's Alexander Henderson changed his mind after the stock fell to $15, and raised his rating to buy, saying the selling was overdone. Others are beginning to agree. The price will zoom very quickly. Theortically, it could bounce back to the low $20's before resuming, it's a decent 35% bounce seems to happen when the fundamentals haven't changed.

What do you think??
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