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Technology Stocks : Electronics Boutique (ELBO)

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To: ratherbelong who wrote (632)1/13/2000 6:45:00 PM
From: ratherbelong  Read Replies (1) of 779
 
TJ,
ELBO remains undervalued here. Analyst are raising estimates again for Q-4 and the full fiscal year. Lots of cash in the bank with no debt to speak of. Talk of ebworld.com spin off as early as next fiscal. Rolling out 10-15 more EB-Kids next fiscal...in addition to the 100 additional EB stores scheduled to be opened next year. The new Sony PlayStation2 coming out this Fall and talk of Microsoft's new console coming later this year as well. I've been accumulating from $19.50 down through $17.00 and back up here to $18.50. However, my boat is now full and ready to sail. :-) Let's hope for some positive news/event to start this baby trending back up to the high $20s low $30s where a reasonable P/E ratio of 21/22 would send it, based on current analyst forward earning projections.
Good luck to you in all your investments,
RBL
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