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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: GARY P GROBBEL who started this subject8/24/2004 5:21:34 PM
From: rougevolume   of 330
 
eLEC could be big!

I've been excited about many stocks, but it looks like this is truly a situation where I was the one "to get in at bottom." This makes me incredibly excited. It's easy to overlook some great situations in the OTC markets and I think that eLEC is a spectacular situation everyone has overlooked. Here is my take on the situation:

-The lines are growing at 10% per month. (24,000 additional lines this year!?)
-ATA Devices that will be tested in 25 retail stores in NY.
-2nd Quarter Revenues of $1.9 million, up 64% over Q2 2003.
-Highly efficient operation.

But what really gets me excited is that eLEC gains customers before any expenditures are made on assets. They make guaranteed money before investing in assets! In my opinion, at a 10% per month growth in lines, eLEC could well surpass 120% growth in revenues. This is a nice little niche market with solid operator.
elec to go north of $1.00? Comments?

Thanks!

rougevolume@yahoo.com
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