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


To: ram yariv who wrote (621)12/19/1997 7:34:00 PM
From: John F Beule  Read Replies (3) | Respond to of 1460
 
I don't own any of this stock (yet) but I feel compelled (as I been lurking on this thread since EFII's demise) to say my 2 cents:

Chatfield I am familiar with. If ya'll are familiar with Blinder Robinson, Stuart James, et al the other penny stock brokers. Chatfield was full of those brokers when I knew them. A bunch of slick willy's left the penny firms when the heat was on in the 80's and flocked to C&D because of more underwritings and higherr payouts.

A tiger never changes his stripes, so I have to think this recommendation of EFII (although potentially appropriately timed) happened, I believe, to recover some lost assets of their clients, or to cross some excess inventory in their house. The red flag is coming out with a buy recommendation on options exp day.

IMO I would treat this as a "dead cat bounce", take your profits from this "runnup" if you're a short-termer, and wait a few weeks, as the REAL NEWS on this company is DRAM.

I wish I had known of this stock a year ago as I would've shorted the hell out of it. Remember this principle of this stock as I have learned: as dram goes, so goes EFII. The reason for this is that this variable allows competitors to eat into their marketshare. Check SI's profile on this company for validity. Dram will crater by Feb (IMO) that will be the time to by this grossly undervalued stock.

Sorry for loading up this thread, I felt compelled.