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Technology Stocks : Electronics Boutique (ELBO)

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To: joel3 who wrote (366)6/26/1999 1:39:00 AM
From: ratherbelong  Read Replies (2) of 779
 
Joel,
regarding your question... <Finally, a general
question for the thread. Why invest in this
company? Where is the growth? Since I asked first,
can I wait for your response before giving mine?
:-)>
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Revenue has risen year over year as follows:
1997 $340M
1998 $454M
1999 $574M
2000 $750M (projected)
2001 $1B (projected)

EPS have risen year over year as follows:
1997 0.50 cents
1998 0.74 cents
1999 $1.01 (proforma basis) $1.11 (based on corporate taxes vs sub chapter S)
2000 $1.23 projected (three analyst)
2001 $1.54 projected (two analyst)

Based on year 2000 projections of $1.23 and the stock currently selling in a trading range of from $15.00 to $17.00 a share...ELBO (imho) is tremendously undervalued and has fantastic upside potential. Here's the link.
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marketguide.com
(type in ELBO, then click on highlights)
=======================================
Good luck to you in your investments
RBL
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