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


To: ram yariv who wrote (553)12/17/1997 7:55:00 AM
From: Mark A. Forte  Read Replies (1) | Respond to of 1460
 
Message from ram yariv on Dec 16 1997 8:02PM EST
WHERE IS THE DEAD CAT???

It's right below the falling knife - too bad if you grabbed it!!!



To: ram yariv who wrote (553)12/17/1997 10:52:00 AM
From: Tech Bull  Read Replies (1) | Respond to of 1460
 
re: WHERE IS THE DEAD CAT ??

FWIW, it hasn't hit ORCL yet either. The dead cat may have caught the hi-tech version of the asian flu.



To: ram yariv who wrote (553)12/17/1997 11:10:00 AM
From: Arthur  Read Replies (1) | Respond to of 1460
 
>WHERE IS THE DEAD CAT???

The normal pattern in these cases is for an immediate quick bounce
followed by a couple of weeks of drifting lower. What I do is buy
near the close of the big drop day and then sell within the first
half hour the next trading day. This has worked fairly well, bought
EFII at 14 3/4 and sold at 15 1/2. The only recent exception was
CS which didn't bounce the next day and I took a small loss on.
As far as EFII, this looks like a good value but will wait to buy
it back as I expect more tax loss selling.

Art