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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 (82)9/21/1997 4:58:00 PM
From: Ron Bower   of 276
 
Paul,

Your doubt about what I have paid for NTAIF and ELAMF has bothered me so I looked at charts from two different sources to see what the lows were for the days I bought. According to the charts, I did buy below the lows. I bought NTAIF on 9-9 @ 19-7/8, 9-11 @ 19-3/8, and on 9-18 @ 19-5/8. ELAMF buys were 8-19 @ 11-1/4, 9-19 @11-3/8.

I checked charts against my buys and sells on other stocks and, according to the charts, found that I have bought/sold outside the day's spread many times. The charts are obviously inaccurate. I don't know what you were using for highs and lows, but it must be about as reliable as the charts.

I sometimes post from memory and it ain't that reliable, but in this case I happened to be right.

Paul S. - your post to Wolfy was..., but I understand your point about people making posts without fully reading the thread.

V-SPEC - I believe you are wrong about the growth in the Mexican economy causing inflation. It is the inflation that depressed the Mexican economy and the Peso resulting in the opportunity for the current growth. IMO - Any inflation in Mexico would further devalue the Peso and expand opportunities for ELAMF.

For what it's worth,
Ron
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