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Technology Stocks : Electronics Boutique (ELBO)

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To: Night Writer who wrote (508)9/2/1999 8:53:00 PM
From: ratherbelong  Read Replies (3) of 779
 
NW,
Sorry for not responding sooner. Real busy lately. Sorry to hear that you weren't able to find a comfortable re-entry on ELBO. I think with the Dreamcast introduction now only days away and the news that ELBO sold 80,000 of the 300,000 pre-orders now released, the stock (near term) will probably only go higher. The funny thing is that the stock was so under-valued for so long that even now it is only at a 15.5 X multiple to next years projected earnings. ($1.50 EPS (E) x 15.5 = $23.25). This is still well below the industry average and so there should still be plenty of upside. (IMHO)
Best of luck to you,
RBL
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