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Technology Stocks : Elamex(ELAMF)
ELAMF 2.150-15.7%Mar 7 3:00 PM EST

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To: kolo55 who wrote (11)7/28/1997 10:10:00 PM
From: Ron Bower   of 276
 
Paul,

Totally agree with everything you posted about Q report including concerns. Not what I had hoped for, but not disappointed. This is not an exciting stock(!) but a good investment.

Only bright spot is increase in pretax profits, but gross margin is pathetic. Looks like Paul S, is probably right about the management.

Exceeded projections so I doubt if we'll see much movement. Those looking for quick profit will bail, those looking for solid investment will be buying.

Wait and see what next Q brings. I sold off some excess today and the rest goes in with my core stocks.

Ron
Glad it's over, now I can get back to my short term plays.
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