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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.58+1.6%3:04 PM EST

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To: Canuck Dave who wrote (20040)9/6/1999 3:40:00 AM
From: ratherbelong   of 56535
 
<Who knows why it finally moved, but it's been pretty firm for a while.>

CD,
I've owned ELBO since its IPO, July 28, 1998. The stock is now moving in anticipation of the Sega Dreamcast launch set for 9/9/99. ELBO has reported 80,000 plus pre-orders for the system which is supported by 18 new game titles at launch. The console will sell for $199.00 with the average price of the games set at $49.00. ELBO in their Q-2 earnings announcement last week indicated that the Sega launch will equate to the single largest one day/week/month sales totals in the company's history.
Best regards,
RBL
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