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Technology Stocks : Electronics Boutique (ELBO)

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To: Night Writer who wrote (457)8/6/1999 5:45:00 PM
From: ratherbelong  Read Replies (1) of 779
 
NW,
I think ELBO gave a great showing this week, (finishing @ 18.44 for the week)... up from monday's close ($18.19) and in a very choppy and volatile market.
We are now only two weeks from the Q-2 earnings announcement. I am looking for ELBO to come out with more good news (additional analyst coverage, EB's Sega pre-sale totals, another strategic alliance/partnership, Q-3 blowout projection)... either via press release or during the conference call and tie the news to the earnings announcement to push this one up over $20.00. Then I think with the news surrounding the opening of the first EBkids (early September) and the intro of the long awaited Sega Dreamcast console system (September 9th 1999) we will hopefully and finally reach the $25.00/$28.00 level predicted by the three analyst covering ELBO. I think starting late October through November and December the normal Christmas run up will ........ well no need to elaborate, I know you like the company too. I hope you see a re-entry point that suits you, so that we can both enjoy the run up when it occurs.
My best to you,
RBL
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