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Technology Stocks : Stratasys (SSYS) -- Ignore unavailable to you. Want to Upgrade?


To: turbi who wrote (228)7/10/1998 10:47:00 AM
From: turbi  Respond to of 316
 
Company announced today that it would repurchase up to 300,000 shares of its stock in order to show that the Directors believe the stock is undervalued and in order to increase shareholder value. Now if only earnings will move upward.... Cheers/t



To: turbi who wrote (228)7/28/1998 10:20:00 AM
From: Trumptown  Read Replies (1) | Respond to of 316
 
Hi Turbi, it looks like SSYS may be turning up. Here's some info clips that seem very positive for the share price:

Record second quarter (from 7/27/98 pm):

"Furthermore, the Company's order backlog as of June 30, 1998 was about three times larger than the backlog as of March 31, 1998. Increasing our Backlog was a stated objective of the quarter,"

biz.yahoo.com

300,000 stock repurchase program (from 7/10/98)

biz.yahoo.com

Book value listed at $5.45 (trading today around 7 1/2)
6m shrs total 4m float!

From Yahoo:
"Anybody else catch the 7/27 WSJ article about Short Interest? Interestingly, SSYS made #27 on the short interest ratio, with 23 days to cover."

All-in-all, it looks like the price could take a nice run from here.

SR