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


To: mark bailey who wrote (660)12/30/1997 4:51:00 PM
From: Sonki  Read Replies (1) | Respond to of 1460
 
mark, if u look out to 18months and don't time this thing. $2-3 on an upside is 20% return. who is xpecting 20% next yr. if this thing moves in a new year or 30 days why take a chance. just take ur 20% get out.



To: mark bailey who wrote (660)12/30/1997 5:25:00 PM
From: Roger B Finlen  Read Replies (1) | Respond to of 1460
 
Mark, I agree with you about the lack of fundamental news. This bothers me too, only thing I can add at this time is: all those folks that owned the stock at 25 and above have sold out, 39 of 55 million that first day of plunge, since then - at 5 mill a day the rest have been cleaned out and this is a classic "change of stock ownership from weak hands to strong hands" - all new owners are holders from 13 to 16 and will probably not sell any till around 20 and plus. I bought in on the way down, 1K @ 16 1/2, 1K @ 15 1/4, so I'm pleased to have recovered $5000 from the lows and almost break-even.
Still, lack of info from company is disturbing - actually at 13 I had expected to see the company do a stock repurchase. Ah well, still hopeing for positive news and continue to hope analysts buy recommandations hold true.