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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: John F Beule who wrote (622)12/19/1997 7:41:00 PM
From: mark bailey   of 1460
 
John-I've been lurking for some time as well. I am glad to see someone else point out the DRAM issue. I read thru their 10K and annual report some time ago and they point out that they will be impacted by DRAM prices. If I am interpreting your message correctly, the price of DRAM will positively impact their margins (though some of that will pass thru), making them a buy in FEB.

I am waiting to see a double bottom myself and make sure there is not another shoe out there yet to drop. Otherwise, with nearly $5/share in cash & liquid assets it looks solid.

I have to say to if you look at Investors Business Daily's charts of the DOW,S&P, NASDQ, ect, I don't know if I've seen it look worse since the 97 spring swoon. The one notable exception is the DOW utility index looks solid (a good sign I guess).
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