SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Electronics Boutique (ELBO)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Czechsinthemail who wrote (719)6/8/2000 5:55:00 PM
From: Mad2  Read Replies (2) of 779
 
I agree with your comments on consumer spending. Consumer stocks are out at the moment, which has pulled down stocks like ELBO.
Elbo will likely trade sideways until 2qtr numbers are on the table due to concerns about pre-launch slowdown, however I'm of the opinion that the overhang in the retail area will have little effect on ELBO's actual business.
Currently the job market hasn't been better for 16-25 year olds and given. This hardware upgrade to 128 bit will drive the video game market and overcome any downside of a slowing economy.
Cars, houses, dinning out, vacations and the like maybe another story.
I don't see much risk (being in or on the sideline) for the time being and I'd like to see elbo revisit the 12's as I'm looking to increase my position between now and mid August
Mad2
mad2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext