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Technology Stocks : RGFX Raster Graphics -- Ignore unavailable to you. Want to Upgrade?


To: ted birnbaum who wrote (467)1/5/1998 1:56:00 PM
From: Abel Vieira  Read Replies (1) | Respond to of 593
 
RASTER GRAPHICS (RGFX) 5 1/8 +1/2. Shares of this large format printing systems company are being led higher by the comments of highly-regarded, but recently-maligned analyst Alex Henderson. According to the Prudential Securities analyst, RGFX shares are outright cheap, after tumbling from the $12 level over the past year. Mr. Henderson is known for his close relationship with the companies he follows, as well as his pursuit of information through alternative sources. And, according to the analyst, his recent field checks indicate that the company is experiencing good demand in Europe and fairly strong demand in the U.S. Lastly, he views RGFX shares a play on its low exposure to Asia of only about 5%. For those not familiar with Mr. Henderson, he accumulated an extremely strong following in '97, only to have his prognosticating abilities tarnished by two major blow-ups in December: Electronics For Imaging (EFII) and Danka Business Systems (DANKY). The analyst's 12-month price target on Raster Graphics is $8, 56% above the stock's current price.