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Technology Stocks : Electronics Boutique (ELBO)

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To: Mad2 who wrote (768)8/22/2001 7:00:08 PM
From: ratherbelong  Read Replies (2) of 779
 
Mad2,
Thanks for the post. I agree with your assertion. I have been out of ELBO for months...and have no plan to chase the stock at these levels. Instead, I bought into a peripheral maker named Mad Catz. They trade on the AMEX under the ticker symbol GIG. My first purchase 10 months ago @ $1.00...then doubling up for a second purchase @ 0.64 cents...then finally a couple months ago tripling up @ 0.34 cents. Today, the stock closed at $1.76 a share. I have not sold and do not intend to sell because they are just at the beginning of a new cycle for peripheral makers. The stock should do well over the next several years...if some larger company doesn't come along and just buy them up outright. Anyway, I hope your doing well in this market. I have been very very selective and have stayed totally away from anything related to dot com...with the one exception being Global sports that I was in and out of for a profitable trade. I also managed to make a 3 bagger on IKON (IKN), actually bought it at $2.25 for a dividend play and wound up with a rocket ride. Gotta go, we will talk soon.
Best regards,
RBL
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