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

To: John M. Saxton, Jr. who wrote (466)	12/13/1997 7:59:00 PM
From: John Ritter	Respond to of 1460

< off topic > Datum might be like ESII. There was money in the first two drops of DATM, you had to buy at the 'pop' and sell in the money. After the second 'pop' it seemed to risky. The question next week, is there another shoe for ESII? Well, actually, the question is first, will there be a 'pop'?

To: John M. Saxton, Jr. who wrote (466)	12/13/1997 10:36:00 PM
From: mark bailey	Respond to of 1460

John-Interesting you mention Datum. I saw that one get hit and read the posting on SI. Several mentioned the other shoe. I decided to pass on the stock for other reasons-I've been burnt once trying to catch a falling knife. I think O'Neil in his book recommends against it and others suggest waiting until the volume dries up. Don't know if EFII would be a buy at this price or not. Theortically, it could bounce back to the low $20's before resuming it's decent but that (38%) bounce seems to happen when the fundamentals haven't changed. I don't know if we know what the fundamentals are now for EFII. Anyone have any educated ideas??