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Non-Tech : Electrosource (ELSI) - maker of batteries for EV

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To: Fundamentls who wrote (117)3/28/2000 5:49:00 PM
From: Jim Spitz  Read Replies (1) of 132
 
Hello Fundamentls,

You forgot to mention that KAMCORP has bought all of their shares for a mere $1/share while longs have been paying MUCH, MUCH more. Also, as ELSI's largest customer and primary financial supplier, why should they stop? As a foreign company, they can short the shares all they want and cover later, by turning in shares. They can keep making money off of the working stiffs who buy inflated shares. I wonder how many paid touts there are on Yahoo right now. I have seen posts suggesting $40/share.

IMO, no one in their right financial mind can say that about a company with a balance sheet like this which sells lead-acid batteries unless, of course, they are paid to do so.

Maybe I should start buying batteries from them, If they will give me shares for $1/share, I can afford a LOT.

Stay in the Black! jimS
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