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Technology Stocks : Electronics Boutique (ELBO)

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To: Night Writer who wrote (399)7/12/1999 1:36:00 AM
From: ratherbelong  Read Replies (1) of 779
 
With any other stock I would just take my profit and run...because I believe strongly in the saying that the only ones to get slaughtered in the stock market are the pigs. However, I feel so certain of the short and long term prospects for ELBO, that I have simply decided to hold my position until the premium being offered for ELBO's shares is such to warrant a different decision. The market is all about supply and demand. Right now, for some reason, the demand for shares of ELBO isn't that great...and so we tread water. However, when the word does finally get out about this one...and everyone wants to own a piece, we will be sitting pretty. With only a 4.4M float, the shares are fairly scarce and can get bid up through the roof in a hurry.
Good luck with all your investments,
RBL
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