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Strategies & Market Trends : Rande Is . . . HOME

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To: jim geis who wrote (15991)	11/30/1999 1:28:00 PM
From: Shadow	Read Replies (1) of 57584

Rande, Have you looked at ELEC for a possible SAM. It caught my attention yesterday with a large volume spike. I bought a small position this morning. Float is 7.7 million BRIEF: eLec Communications Corp. invests in, develops and incubates Internet & telecommunications-related businesses, also including E-commerce retailing and on-line marketing of insurance and financial products. For the 9 months ended 8/31/99, net sales rose from $906K to $2.7M. Net loss from cont. ops. rose from $881K to $2.4M. Results reflect growth in the number of installed access lines provide by Essex & the acquisition of Tag Air, offset by higher S/G/A expenses.

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