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Technology Stocks : Elamex(ELAMF)
ELAMF 2.5500.0%Dec 5 9:30 AM EST
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To: Ron Bower who wrote (2)7/28/1997 9:11:00 PM
From: kolo55   of 276
 
Good call on profit margins.

We got a nice profit margin increase that seems entirely due to lower interest expense, as you predicted.

I'm disappointed on the revenue growth though. Even the forward looking statement for the next quarter is pretty downbeat. But they still sound more optimistic for the 4th Q.

Now the question is, will the market focus on the revenue picture, or on the profits. My guess: the stock doesn't move much either way.

Still a good hold for the long term.

Paul
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