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Technology Stocks : EFII - Electronics for Imaging -- Ignore unavailable to you. Want to Upgrade?


To: nutile101 who wrote (365)11/12/1997 3:05:00 PM
From: Ron  Respond to of 1460
 
Pretty substantial downward spiral today. Anyone seen anything specific to EFII, or overall market reactions again?



To: nutile101 who wrote (365)11/12/1997 9:05:00 PM
From: Larry Shelor  Respond to of 1460
 
efii has been a good stock to own over the last few years. i remember a write up about the company in barron's. the fund manager was paul wick and he liked the company very much. i wanted to buy the stock. think it was about 20.00 at the time and i thought it was a little pricey because it had already moved up in price.

how wrong i was. the next couple of years it was nothing but up. and then a split or two, i think. anyway, i like the company and lehman brothers sure are bullish, arent they.

i agree with you about the occasional dips in the stock price for no reason. i can only assume that some people may sell it when it fails to go up quickly. i remember the old saying --- higher prices attract buyers so when this begins to go back up, i think it will retest the old highs.

i really bought this for a short term gain since i noticed it had moved down quite a bit for no fundamental reason.

larry