SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RGFX Raster Graphics -- Ignore unavailable to you. Want to Upgrade?


To: (no name provided) who wrote (374)10/24/1997 11:54:00 AM
From: Buzz Mills  Respond to of 593
 
David,

Today is another opportunity to buy RGFX at under 6; the MM presently has it Bid 5 5/8 x Ask 6. I am rather surprised it is continuing to trade down; I keep thinking it has seen the bottom.

Regards,
Buzz



To: (no name provided) who wrote (374)10/24/1997 12:38:00 PM
From: darren_  Read Replies (2) | Respond to of 593
 
<<this stock will meet $12-15 trading value in about 6 months.>>

I think we'll see a takeover before then. RGFX is trading at a PE of 14 and ENCD is trading at a PE of 26. This means that ENCD can pay about 11 for RGFX and not see any dillution. If they put in a bid for 10, they would still be making out like a bandit, plus RGFX probably has more growth left than does ENCD.

Darren