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Technology Stocks : Electronics Boutique (ELBO)
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To: Mad2 who wrote (718)6/8/2000 3:30:00 PM
From: Czechsinthemail  Read Replies (1) of 779
 
The low volume is one of two cautions here. It means the floor can suddenly drop out from under the stock if buyers refrain from buying. The other concern is weakening consumer spending. Recent retail figures don't look great. And if consumer spending slows significantly, expectations for a major Christmas season may be disappointed. I suppose there is also the possibility that SONY won't be able to supply PS2 product in sufficient volume. But my concern is that a weak retailing environment may translate into poor margins. We may see evidence of that in the next two earnings periods.

I'm watching, but holding back for now.
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