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Technology Stocks : eLec Communications Corp. (ELEC)
ELEC 10.470.0%Jun 6 5:00 PM EST

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To: rod runyan who wrote (285)8/11/2000 5:41:14 PM
From: warren bostwick  Read Replies (1) of 330
 
Agreed ! Patience... Hopefully the market sentiment will start shifting again and people will start looking at value stocks within the 2nd and 3rd tier. ELEC is currently @ 33K T1 Lines and should be @ 100K by November. They have a huge subscriber base and can't grow fast enough. There were a couple of companies that were looking to purchase them. They seem to be waiting until the market turns around (for there stock to be at least $10). This is what the General Manager of Telecom had explained to me the other day.

Do I believe all of what he is claiming... I don't know !
I will give them and the market a couple of months. In the meantime this hurts ! Thanks for your thoughts.

Warren
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