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


To: John Ritter who wrote (567)12/18/1997 9:15:00 AM
From: Arthur  Read Replies (1) | Respond to of 1460
 
>Is it time to buy again, at 13 1/2 or is she going DOWN the drain?!

I had not heard of this company till last week, but the normal
pattern would be for another bounce today and/or Friday, followed
by further declines to say 11-12 over the next few weeks. I assume
this is because some of the big momemtum players that didn't sell
all their holdings on Friday use any rallys to get out. The only
exceptions to this would be if the company came out and aggressively
defended the share price such as a major stock repurchase program.
So even though the stock seems very undervalued on a fundamental
basis, there is usually no hurry to jump in.

Good luck,
Art