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Technology Stocks : ELECTROGLAS -- How far can it go?

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To: Liatris Spicata who wrote (690)9/17/1999 7:47:00 PM
From: Razz  Read Replies (1) of 1070
 
As I recall, EGLS voted a "poison pill" provision earlier this year when its stock was lower. EGLS has a strong bal. sheet with no debt and approximately $7 cash per share and has been around for +20 years. Perhaps it is the fundamentals in the industry that are driving the price. Also, it is largely held by institutional investors.
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