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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: unregmarket who wrote (535)12/16/1997 10:11:00 AM
From: Andrew Q. Viet  Read Replies (1) of 1460
 
EFII is ( was?) widely held by mutual fund companies and it's near the end of the WINDOW DRESSING season. This is usually the time fund managers sell the losers and buy the winners, regardless of valuation, to say that "me too" have an excellent portfolio. They will mercilessly jettison EFII out of their sight and we as small investors are not strong enough to counter the downward trend.

Another point is that we have only 3 weeks left to clain for 1997 tax loss. It doens't make a whole lot different to people who bought efii around 40-50 and sell it at 10 or 14, from the tax benefit standpoint.

It is not just efii that is cheap. It's the whole sector. So many companies that are very cheap, such as btgc, formf, lars, etc. At this uncertain juncture people want to buy cheap stocks that have brighter future and minimal exposure to Asia. Efii is a good company, but it's future is more uncertain than a lot of stocks, such the ones that mentioned above, .

Good luck in making investment decisions.
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