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Technology Stocks : Elamex(ELAMF)

ELAMF 2.150

-15.7%

Mar 7 3:00 PM EST

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To: VALUESPEC who wrote (43)	8/16/1997 5:23:00 PM
From: VALUESPEC	of 276

Earnings before income taxes (EBIT) for the last 3 years: 94 $ 2.7 mil 95 $ 8.1 mil 96 $ 8.8 mil In 1994, things really turned around for them. Was that because of the Peso devaluation to the dollar? Was that in 1994? If not, it at least shows that ELAMF is capable of some impressive earnings growth. Is this the kind of growth that the company expects for the second half of 1997? Perhaps Paul Senior will answer some of these questions for me. EBITDA: 92 $ 2.7 mil 93 $ 4.6 mil 94 $ 4.7 mil 95 $ 11.2 mil 96 $ 13.3 mil

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