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Technology Stocks : Elcom International (ELCO)
ELCO 35.000.0%Feb 6 9:30 AM EST

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To: David K. who wrote (71)2/18/1998 11:21:00 PM
From: oldcrow  Read Replies (1) of 736
 
Hi David,

I like the part about a "period of significant infrastructure investment and development
for the Company, while still accomplishing significant growth over 1996." and while management stated revenues were affected by the MIS system, they still BEAT this quarters estimates, and cash balance grew. They are right in the middle of the fast growing e-commerce industry and now are "fully positioned" (no more problems) going into 98. The other thing I like is the fact that Smith Barney operations are still alive and well. At about 1.5 price to book, and such a low P/E I feel the stock is quite undervalued right now.
About the Yahoo thread, I like the dynamics and the honesty of most of the posters. The Guru and Slye characters got slammed today (for what reason?) but stood right there proud and tall and confident!
have you read their posts?

Regards, Allen
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