Stratasys (SSYS) Message Board

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Technology Stocks : Stratasys (SSYS)

SSYS 9.450

-4.0%

Nov 6 3:59 PM EST

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To: Joel Meek who wrote (53)	10/31/1996 4:16:00 PM
From: Stratajema	of 316

I'm starting to think the recent selloff was maybe that of Mutual Funds that could have purchased 800K shares during the past month in the $18 to $25 range. They would be new purchasers which is why they didn't show up on the Stocksmart site. Stratasys' loss for the quarter which will be released tomorrow is pretty easy to estimate so maybe some of the selloff is also due to an anticipated slower revenue ramp up going forward? I purchased this stock in the $7 range and sold at $19 earlier in the year. I've been waiting for the stock to have a correction before buying back in. I might be a buyer tomorrow, I am waiting to see what their press release says, if anything, about the outlook going forward. My investment strategy is to buy into a company early on before it is well-known or to buy a stock of a good company after it corrects or crashes for whatever reason. Regarding Stratasys, its a buyer's market but these slow sell-offs can be nerve-racking for some. A positive thing to keep in mind about this sell-off is that the outstanding float on this stock is small and so the bottom can be established relatively quickly. If there are no suprises tomorrow, we could see the bottom within a day or so, but remember I don't have a crystal ball! Regards, David

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