d1, i have been shouting on this thread for last 3 wks re: efii
ok, i will email u something. RBOT: your wife probably knows more then me. i was only passing on what i found w. quick research.
so please don't pass up an oppurtunity based on what i say.
i also bot emc, tbr, mcaf this week.
i have already made 20% on efii, maybe u wait for a pull back maybe not. i think this efii moves up next week as tax loss selling+30 days
is approx jan. 13+.
Electronics for Imaging, Inc.
EFII: Nasdaq
Last Trade 12/12/97 $14 7/8
Change -24 1/8 (-61.86%)
Prev Close 39
Volume 32,373,700
Avg Vol 603,909
Div Date Feb 1997
Bid 14 13/16
Ask 14 7/8
Ex-Div Feb 1997
52-week Range 34 - 57 7/8
Earn/Shr 1.56
P/E 25.00
Market Capitalization $2.33B
Shares Outstanding 52.4M
Float 27.8M
Net Income $87.1M
Sales $389.2M
Profit Margin 22%
Return on Assets 26.09%
Return on Equity 32.23%
Fiscal Year End: December
1996 Sales ($ mil.): $298.0
1-Yr. Sales Growth: 56.4%
1996 Net Inc. ($ mil.): $62.2
1-Yr. Net Inc. Growth.: 65.9%
1996 Employees: 354
1-Yr. Employee Growth: 59.5%
Number of brokers recommending as:
Strong Buy 4
Moderate Buy 0
Hold 0
Moderate Sell 0
Strong Sell 0
Average Recommendation (strong buy) 1.00 - 5.00 (strong sell)
This Week 1.0
Last Week 1.0
Change 0.0
Industry: COMP-PERIPH EQP
Ranked 1 of 41
EFII is extremely bullish, with a strong buy recommendation. Tendencies
for prices to begin advancing are extreme at 100%, with a short term
upside potential of $20. An uptrend has emerged and the long-term trend
persistence is rated as oversold with risks limited. On Thursday night's
disappointing news, the stock at $39 was downgraded by Prudential
Securities to hold from buy. But Prudential's Alexander
Henderson changed his mind after the stock fell to $15, and raised his
rating to buy, saying the selling was overdone. Others are beginning to
agree. Theortically, it could bounce back to the low $20's before
resuming, it's a decent 35% bounce seems to happen when the fundamentals
haven't changed.
For stocks investors, place an order to buy EFII at a limit price of
$15.50
For options traders, place an order to buy EFFI Jan 10 call (EFQAB) at a
limit price of $1.50
Today's trading with such high volume indicated to me that the bottom in
the price has already hit, and some recovery is in order. Secondly the
options contracts traded today, also showed a higher number of Jan 15,
17.5 and 20(most heavily traded contract today) contracts traded. This
is a bullish indicator for the short-term. The company eluded to the
fact that it may consider a share buyback plan. EFII has around $250
Million in the bank, so it would not be difficult to do. This alone
would boost the price substantially.
This stock has just experienced an overdone selling as an effect of
general market feeling, a classic overreaction. It closed down nearly
$25 a share or 61%. If you go back just 10 days the stock has fall from
51 or 73%. This is quite a fall. And if you take a look at the 100-week
EFII chart. Two years of gains wiped out in one day! The question is
does the company deserve such a drop? Earnings are going to come in at
about 50% less than expected. That is bad without a doubt, but should
the price of the stock drop 73% in the light of that news? Investors
certainly seems to have thought so, or did they? Well the stock was
large held by institutions who dumped the stock to salvage what the
could in their portfolios. It looks pretty bad to be holding a stock
that is down 60-70% at the end of the year. The small guy was left
holding the bag. I call this a temporary setback. A year from now this
Company would be trading at $30.
After studying this company in some detail, it seems very strong, with
excellent market/industry position, including good branding. EFII has a
value of $30.00 per share. I must say that after checking the continuing
financials, this looks like a great company. EFII is a strong industry
leader. This stock is extremely undervalued. We should expect a strong
move to mid 20s soon. EFII has well above average safety with well above
average upside potential. It reflects that EFII is likely to give well
above average, quite consistent returns over the long term. If you're
looking to buy stocks with low risk & high reward stocks, this is the
one for you. Many are going to consider buying technology issues at
these reduced valuations. Portfolio managers are going to have to
purchase stocks they believe will perform nicely next year. All the
analysts agree that the this stock will be back to normal in 3-6 months.
Probably an easy double in that time frame. This stock will be in mid
$20s by the end of this month.
If you carefully look at EFII past earnings reports you will see a
company with very little overhead which presents it as a well manages
company. Up until this fiasco we were looking at a company generating
$800,000 to $1 million in revenue per employee. We don't have to look at
any painful restructuring layoff and all of this kind of thing that goes
on when a company is undergoing a transition. Almost every
company that depends on resellers has had to undergo some sort of
inventory adjustment at some point. The big question is the new
products. After looking at 21 consecutive quarters of beating estimates
and 25 quarters of year over year revenue growth; the company's business
model has to be sound.
EFII's CEO Avida said he is still confident about the company's
longer-term prospects once the economic trouble in Asia clears up, as it
must inevitably do at some point. "We have a pipeline full of new
products and we are confident in our strategy and our relationships with
customers," he said. Arthur J. Bonnel, manager of Bonnel Growth Fund and
a one-time holder of the stock, says the action in EFI is overdone. "I
think the Street is acting irrationally and selling in a frenzy," he
says. "It's a great buying opportunity. I'm
confident that long-term investors will do very well."
Electronics for Imaging (EFI) designs computer hardware and software for
color desktop publishing. Its products link computer networks to a color
copier, allowing users to create high-quality color documents in their
offices. EFI's Fiery line of products includes scanable color servers,
which serve both the low and high ends of the color printing market, and
color controllers, which are integrated into desktop color printers to
facilitate color printing. The company's products, marketed with the
"Fiery Driven" logo, are sold to original equipment manufacturers such
as Canon, Kodak, and Xerox and to dealers. For the nine months ended
9/97, revenues rose 44% to $299 million. Net income rose 59% to $67
million. Revenues benefited from higher sales of Fiery XJ and Fiery XJ
products. Earnings also reflect the Company's ongoing manufacturing
savings efforts.
2855 Campus Dr.
San Mateo, CA 94403
Phone: 650-286-8600
Fax: 650-286-8544
efi.com
After discussions today with the total of 4 analysts that cover EFII, we
are more sure than ever that the company is doing great:
1) EFII has over 10 design wins that they will start announcing by late
December and early next year.
2) The stocks of all of EFII's OEMs are appreciating recently. E.G.
Xerox, Canon, Minolta. This should give us good indication about EFII's
business.
3) Insiders have not sold any shares recently and still have a nice
position in the company ownership. They know the future is bright.
4) EFII has just bought a new and bigger facility to move into.
Obviously, they have expansion in mind.
5) EFII's management is now traveling in several countries overseas,
promoting business and signing new
contracts.
6) The analysts feel that the stock could only reach a bottom of $30.00,
and at its current price of $14 7/8 it should start appreciate from
here.
What people are saying about EFII on the internet:
"It's got to look like a good buy now. I mean if they were liking it at
50+ you gotta love it now!!!! Jump in..."
"Accumulating as much as EFII as you can. We expect a price target of
$35-40 within 12 months."
"We should expect a strong move to mid 20s soon. I am buying..and have a
lot of EFII. As always.. do your own research."
"It is also clear that the stock price will not stay below $15 for long"
"I agree that EFI is a great buy at these prices. I have friends who
work for suppliers of EFI and they have been placing orders like crazy
lately. It looks like their business volume is definitely increasing. I
am long on EFI..."
"After discussions today with the total of 4 analysts that cover EFII,
we are more sure than ever that the
company is doing great."
"Starting on 12/12/97 we are going to load the boat with EFII."
"My buy order this morning was the fastest thing I've ever done in my
entire life"
"As a long term investor this stock at current price is a great
investment I expect the stock to trade around $25 by the end of January
buy below $16 and you will double your money within a year."
"The concept buy low and sell high clearly applies to this situation.
Buy now (since its low) and sell high later."
StockProClub
stockproclub.com
suggestions@stockproclub.com
Electronics for Imaging, Inc.
EFII: Nasdaq
Last Trade 12/12/97 $14 7/8
Change -24 1/8 (-61.86%)
Prev Close 39
Volume 32,373,700
Avg Vol 603,909
Div Date Feb 1997
Bid 14 13/16
Ask 14 7/8
Ex-Div Feb 1997
52-week Range 34 - 57 7/8
Earn/Shr 1.56
P/E 25.00
Market Capitalization $2.33B
Shares Outstanding 52.4M
Float 27.8M
Net Income $87.1M
Sales $389.2M
Profit Margin 22%
Return on Assets 26.09%
Return on Equity 32.23%
Fiscal Year End: December
1996 Sales ($ mil.): $298.0
1-Yr. Sales Growth: 56.4%
1996 Net Inc. ($ mil.): $62.2
1-Yr. Net Inc. Growth.: 65.9%
1996 Employees: 354
1-Yr. Employee Growth: 59.5%
Number of brokers recommending as:
Strong Buy 4
Moderate Buy 0
Hold 0
Moderate Sell 0
Strong Sell 0
Average Recommendation (strong buy) 1.00 - 5.00 (strong sell)
This Week 1.0
Last Week 1.0
Change 0.0
Industry: COMP-PERIPH EQP
Ranked 1 of 41
EFII is extremely bullish, with a strong buy recommendation. Tendencies for prices to begin advancing
are extreme at 100%, with a short term upside potential of $20. An uptrend has emerged and the
long-term trend persistence is rated as oversold with risks limited. On Thursday night's disappointing
news, the stock at $39 was downgraded by Prudential Securities to hold from buy. But Prudential's
Alexander
Henderson changed his mind after the stock fell to $15, and raised his rating to buy, saying the selling
was overdone. Others are beginning to agree. Theortically, it could bounce back to the low $20's
before resuming, it's a decent 35% bounce seems to happen when the fundamentals haven't changed.
For stocks investors, place an order to buy EFII at a limit price of $15.50
For options traders, place an order to buy EFFI Jan 10 call (EFQAB) at a limit price of $1.50
Today's trading with such high volume indicated to me that the bottom in the price has already hit,
and some recovery is in order. Secondly the options contracts traded today, also showed a higher
number of Jan 15, 17.5 and 20(most heavily traded contract today) contracts traded. This is a bullish
indicator for the short-term. The company eluded to the fact that it may consider a share buyback plan.
EFII has around $250 Million in the bank, so it would not be difficult to do. This alone would boost the
price substantially.
This stock has just experienced an overdone selling as an effect of general market feeling, a classic
overreaction. It closed down nearly $25 a share or 61%. If you go back just 10 days the stock has fall
from 51 or 73%. This is quite a fall. And if you take a look at the 100-week EFII chart. Two years of
gains wiped out in one day! The question is does the company deserve such a drop? Earnings are
going to come in at about 50% less than expected. That is bad without a doubt, but should the price of
the stock drop 73% in the light of that news? Investors certainly seems to have thought so, or did
they? Well the stock was large held by institutions who dumped the stock to salvage what the could in
their portfolios. It looks pretty bad to be holding a stock that is down 60-70% at the end of the year.
The small guy was left holding the bag. I call this a temporary setback. A year from now this Company
would be trading at $30.
After studying this company in some detail, it seems very strong, with excellent market/industry
position, including good branding. EFII has a value of $30.00 per share. I must say that after checking
the continuing financials, this looks like a great company. EFII is a strong industry leader. This stock
is extremely undervalued. We should expect a strong move to mid 20s soon. EFII has well above
average safety with well above average upside potential. It reflects that EFII is likely to give well above
average, quite consistent returns over the long term. If you're looking to buy stocks with low risk &
high reward stocks, this is the one for you. Many are going to consider buying technology issues at
these reduced valuations. Portfolio managers are going to have to purchase stocks they believe will
perform nicely next year. All the analysts agree that the this stock will be back to normal in 3-6 months.
Probably an easy double in that time frame. This stock will be in mid $20s by the end of this month.
If you carefully look at EFII past earnings reports you will see a company with very little overhead
which presents it as a well manages company. Up until this fiasco we were looking at a company
generating $800,000 to $1 million in revenue per employee. We don't have to look at any painful
restructuring layoff and all of this kind of thing that goes on when a company is undergoing a
transition. Almost every
company that depends on resellers has had to undergo some sort of inventory adjustment at some
point. The big question is the new products. After looking at 21 consecutive quarters of beating
estimates and 25 quarters of year over year revenue growth; the company's business model has to be
sound.
EFII's CEO Avida said he is still confident about the company's longer-term prospects once the
economic trouble in Asia clears up, as it must inevitably do at some point. "We have a pipeline full of
new products and we are confident in our strategy and our relationships with customers," he said.
Arthur J. Bonnel, manager of Bonnel Growth Fund and a one-time holder of the stock, says the action
in EFI is overdone. "I think the Street is acting irrationally and selling in a frenzy," he says. "It's a great
buying opportunity. I'm
confident that long-term investors will do very well."
Electronics for Imaging (EFI) designs computer hardware and software for color desktop publishing.
Its products link computer networks to a color copier, allowing users to create high-quality color
documents in their offices. EFI's Fiery line of products includes scanable color servers, which serve
both the low and high ends of the color printing market, and color controllers, which are integrated into
desktop color printers to facilitate color printing. The company's products, marketed with the "Fiery
Driven" logo, are sold to original equipment manufacturers such as Canon, Kodak, and Xerox and to
dealers. For the nine months ended 9/97, revenues rose 44% to $299 million. Net income rose 59% to
$67 million. Revenues benefited from higher sales of Fiery XJ and Fiery XJ products. Earnings also
reflect the Company's ongoing manufacturing savings efforts.
2855 Campus Dr.
San Mateo, CA 94403
Phone: 650-286-8600
Fax: 650-286-8544
efi.com
After discussions today with the total of 4 analysts that cover EFII, we are more sure than ever that the
company is doing great:
1) EFII has over 10 design wins that they will start announcing by late December and early next year.
2) The stocks of all of EFII's OEMs are appreciating recently. E.G. Xerox, Canon, Minolta. This should
give us good indication about EFII's business.
3) Insiders have not sold any shares recently and still have a nice position in the company ownership.
They know the future is bright.
4) EFII has just bought a new and bigger facility to move into. Obviously, they have expansion in
mind.
5) EFII's management is now traveling in several countries overseas, promoting business and signing
new
contracts.
6) The analysts feel that the stock could only reach a bottom of $30.00, and at its current price of $14
7/8 it should start appreciate from here.
What people are saying about EFII on the internet:
"It's got to look like a good buy now. I mean if they were liking it at 50+ you gotta love it now!!!! Jump
in..."
"Accumulating as much as EFII as you can. We expect a price target of $35-40 within 12 months."
"We should expect a strong move to mid 20s soon. I am buying..and have a lot of EFII. As always.. do
your own research."
"It is also clear that the stock price will not stay below $15 for long"
"I agree that EFI is a great buy at these prices. I have friends who work for suppliers of EFI and they
have been placing orders like crazy lately. It looks like their business volume is definitely increasing. I
am long on EFI..."
"After discussions today with the total of 4 analysts that cover EFII, we are more sure than ever that
the
company is doing great."
"Starting on 12/12/97 we are going to load the boat with EFII."
"My buy order this morning was the fastest thing I've ever done in my entire life"
"As a long term investor this stock at current price is a great investment I expect the stock to trade
around $25 by the end of January buy below $16 and you will double your money within a year."
"The concept buy low and sell high clearly applies to this situation. Buy now (since its low) and sell
high later."
StockProClub
stockproclub.com
suggestions@stockproclub.com
|
