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Technology Stocks : Elamex(ELAMF)
ELAMF 2.150-15.7%Mar 7 3:00 PM EST
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To: Clouseau who wrote (72)9/18/1997 8:33:00 AM
From: Tensane 1   of 276
 
Alex Brown has a strong buy out on the stock with a target of $16. With a PE for '97 of 10.8 and projected PE of 8.82 for '98, I don't see too much downside risk. With their new acquisition, I think we can see an increase in sales and earnings. This stock looks to me what NTAIF looked like when I bought it in Feb., low risk on the downside and great potential.
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