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: Stratajema who wrote (54)	11/21/1996 10:26:00 PM
From: Stratajema	of 316

In hindsight, the late October selloff was probably caused by a reaction to a registration statement filed 10/25/96, and some mutual funds probably used the event for tax loss selling. The stock recovered with a good press release about 3rd quarter results and 4th quarter "expectations". The stock got another nice bounce up when the national tooling order report showed strength and the stock got another bounce up when Stratasys released their 10Q. The selloff the past few days might be a normal retracement but I feel the stock has to hold a $16.50 support line or we'll see the $14 to mid $15's as the next support line. Regards, David

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