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

To: mark bailey who wrote (632)	12/20/1997 3:58:00 PM
From: Harold S.	Respond to of 1460

Mark, Not necessarily..for the following reasons. I do agree that before the first of the year that we will see a pullback in the stock before it goes higher as I explained in my last post. However, I don't believe we necessarily will see a double bottom due to the simple fact that we are in the time of year we are in and the market has been as weak as it's been. I believe that any other time of year or market condition would have dropped this stock to a low of 14 on the news that we have been given to this point. However, given the opportunity for tax loss selling and the Asian situation contributing to a sick Nasdaq; I think the stock was able to temporarily trade below 14 and show strong support at 13...even in the Nasdaq's worst moments last week. Therefore, I think the stock may test the 14 level in the next two weeks and that if it holds and start up strong from there after Jan 1, that we will have seen the bottom in my estimation. The key short term is to break thorugh 17!! Of course, I could always be wrong, but if you look at the volume of shares already traded on this stock during these latest events, I believe that most of the sellers are already out and the buyers are waiting for a little more stability in the market in general and for the new year. Of course, the past couple days there doesn't seem to be too much of an absence of buyers. I think 1998 will be a good year for this stock. As I indicated earlier, I believe if we can hold the 14 level, or above 13 7/8 for my mental stop, that this stock won't look back next year. If we don't hold that level, then I agree with you that we should see upper 12's again and I will buy back one point cheaper in the upper 12's again. I can't tell you how many times on CNBC in the last few days I have heard mutual fund managers say that they have plenty of money on the sidelines now waiting for the new year. P.S.- I hope they take MUEI with them too!! Grossly undervalued in my opinion!

To: mark bailey who wrote (632)	12/20/1997 4:04:00 PM
From: Harold S.	Respond to of 1460

I have posted this from Telescan for everyone's reading pleasure. It is their mathematical 7 day, 5 week and 4 month price estimates and percent proability for EFII. Just FYI. Co:EFII - ELECTRONICS FOR IMAG,$/share(US) Exchange:OTC MACROWORLD(tm) 7-DAY OUTLOOK 12/19/97 ------------------------------------------------------------ Latest Data: 12/19/97 closed at $14.94, up 1.12. This is within the -2.35 average daily change. The daily model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 7-day Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $13.81, for a Short use $16.06. ------------------------------------------------------------ Forecast Summary: There is a 70% chance of being Higher in 7 days. Most likely 12/26/97 level is $18.81, a 25.9% increase vs yesterday's $14.94. -------------------------------------------------- \| 70% confidence range\| \| Forecast Closing --------------------\| \| Days $/share Change High Low \| \|------------------------------------------------\| \| 12/20/97 Sat \| \| 12/21/97 Sun \| \| 12/22/97 19.66 4.72 21.29 18.03 \| \| 12/23/97 21.80 2.14 23.85 19.75 \| \| 12/24/97 18.72 -3.08 21.19 16.25 \| \| 12/25/97 Christma \| \| 12/26/97 18.81 0.09 22.12 15.50 \| -------------------------------------------------- Co:EFII - ELECTRONICS FOR IMAG,$/share(US) Exchange:OTC MACROWORLD(tm) 5-WEEK OUTLOOK 12/19/97 ------------------------------------------------------------ Latest Week: 12/19/97 averaged $14.11. ------------------------------------------------------------ 5-week Alert: -other factors don't warrant a rating- If you use Stops, for a Long position use $13.81, for a Short use $16.06. ------------------------------------------------------------ Forecast Summary: There is a 85% chance of being Higher in 5 weeks. Most likely 1/23/98 level is $29.89, a 100.1% increase vs latest $14.94/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Week of $/share Change High Low \| \|------------------------------------------------\| \| 12/26/97 18.79 4.68 19.78 17.80 \| \| 01/02/98 21.57 2.78 23.12 20.02 \| \| 01/09/98 24.34 2.77 26.46 22.22 \| \| 01/16/98 27.12 2.78 29.80 24.44 \| \| 01/23/98 29.89 2.77 33.14 26.64 \| -------------------------------------------------- However, the Daily model's outlook is Up. Co:EFII - ELECTRONICS FOR IMAG,$/share(US) Exchange:OTC MACRO*WORLD(tm) 4-MONTH OUTLOOK 12/18/97 ------------------------------------------------------------ Latest Month: Nov'97 averaged $47.49, down 19.42. This is larger than the -2.25 average monthly change. The monthly model indicates that this is an exceptionally Low $/share! ------------------------------------------------------------ 4-month Alert: "B" rating for an Increase (possible Long position). StopLoss at $12.75 (review any Short positions). - watch future reports for signal reversal - ------------------------------------------------------------ Forecast Summary: There is a 85% chance of being Higher in 4 months. Most likely Mar'98 level is $35.68, a 158.4% increase vs latest $13.81/share. -------------------------------------------------- \| 70% confidence range\| \| Forecast Average --------------------\| \| Months $/share Change High Low \| \|------------------------------------------------\| \| Dec'97 28.07 -19.42 29.54 26.60 \| \| Jan'98 30.59 2.52 32.27 28.91 \| \| Feb'98 33.13 2.54 35.02 31.24 \| \| Mar'98 35.68 2.55 37.78 33.58 \| -------------------------------------------------- However, the Weekly model's outlook is Up. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions.