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

To: ram yariv who wrote (549)	12/16/1997 8:07:00 PM
From: Bellvie	Read Replies (1) \| Respond to of 1460

To EFII spamers, I deleted your PR download. Next time I will copy your address and report you to every source I can find. Does anyone know if SI has a posting place for reporting stocks suspected of being touted by professional pumpers? angry, Bell

To: ram yariv who wrote (549)	12/17/1997 7:06:00 AM
From: John M. Saxton, Jr.	Respond to of 1460

Good letter. I agree with most of your points. I not picking on any one specifically, but I have read more than a few messages in this newsgroup that basically defend the analysts. Certainly we are all responsible for our own homework. No offense, but anyone that reads this news group regulary could have issued a downgrade on EFII after the news. Call me silly, but I expect the analysts to do better than echo what CNN just broadcast.

To: ram yariv who wrote (549)	12/17/1997 4:31:00 PM
From: Claude Edelson	Read Replies (2) \| Respond to of 1460

Ram Yariv, You make a good point about insider sales. However, (forget lawsuits - this is not my focus) you have to ask some questions: When did management know that they would miss revenues by 50%. It is tough to imagine that they only new in early December. A company is required to file an 8k with the SEC when a material event has occurred that may effect shareholders (requirement number 5). I also expect more from analysts then to pronounce the body dead after everyone knows the obvious. Two days before the Prudential analyst was still saying strong buy - clearly there is a communication problem as described below. Part of analyst problem is that EFII played everything close to the vest- which was admitted by EFII spokesperson (Saltzman?) - that is, they did not disclose information fully or quickly. Yes, EFII had 12 potential sky is falling statements but a 50% drop announced three weeks before quarter end is a major surprise - no less shock - Hindsight is always 20/20 and should have expected is easy to say after the fact. Having said all that - I am hoping that EFII is like Octel - i.e., it will drift but since it has such a huge share of the market it ultimately will be bought out. Claude