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Technology Stocks : RGFX Raster Graphics -- Ignore unavailable to you. Want to Upgrade?


To: Buzz Mills who wrote (417)11/8/1997 7:59:00 PM
From: Richard Haugland  Read Replies (1) | Respond to of 593
 
One way to look at it is that RGFX going from 5 to 6 gets one as much percentage return as INTC going from 75 to 90. Of course INTC went from about 100 to "only" about 75, whereas RGFX went from 8 to 5.

If the market is weak or bad again Monday as I expect there may be some more RGFX available at 4 3/4, although I suspect the MM gets all those shares.

Another good low price stock, IMHO, is FONR, which has multi-millions coming from a suit against GE and other suits pending and a big stock buy-back coming. However, it has many more shares outstanding than RGFX. Current P/E = 3.65 but includes settlement.