Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: SMALL FRY who wrote (51197)	7/19/1999 12:52:00 PM
From: red_dog	Read Replies (1) of 120523

Elcom International, Inc. Engages Wit Capital as its Investment Bank Wit Capital to Evaluate Options for elcom.com, Elcom's Internet Subsidiary July 19, 1999 12:28 PM NORWOOD, Mass., July 19 /PRNewswire/ -- Elcom International, Inc. ELCO today announced that it has engaged Wit Capital Corporation WITC as its investment bank and strategic advisor for the purposes of assisting the Company in evaluating strategic options for elcom.com, inc., the Company's wholly-owned eBusiness subsidiary. Wit Capital Corporation ("Wit Capital") will review strategic financing options, potential strategic partners, and possible financing alternatives including an initial public offering of elcom.com. Wit Capital is a leading Internet-oriented, on-line investment banking firm that electronically distributes offered shares over the Internet to its customers. Wit Capital has participated in over 50 equity underwritings in 1999. "Wit Capital is looking forward to working with Elcom International," said Robert Lessin, Chairman and Co-CEO of Wit Capital.

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