Electronics Boutique (ELBO) Message Board

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Technology Stocks : Electronics Boutique (ELBO)

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To: Top Jim who wrote (654)	1/26/2000 12:03:00 PM
From: ratherbelong	of 779

TJ, Good to hear from you again. Glad your still on board. Even though I have averaged down several times, I too am a bit under water here and very much overweighted in ELBO. However, Mad2, in his previous post mentions one reason I am very bullish about ELBO shares short term. I too believe the ebworld spin off will have a very positive effect near term. Also, I think that there is more going on right now than the lack of press releases would indicate. I know that EB is fat cash ($40M plus) from the secondary. I know they have a $50M war chest in the form of a Fleet Credit Line and add another $30M plus in cash coming out of the Christmas season. I know EB intends to grow into other markets...and I know that right now some "other" companys' stock prices are at bargain basement levels. I don't know what, if anything, is going on here, but it would seem to my unknowing eyes that this could be an opportunity to expand when the cost of that expansion would be affordable. Probably just one mans ridiculous rantings...but hey, if EB does make a move on somebody I want to be on board for the excitement. Good luck to all that frequent this board, RBL

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