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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: Kevin G who wrote (20)	9/23/1997 11:37:00 AM
From: David G.	of 2038

Eltrax Systems (ELTX) looks good... Is anyone following Eltrax (NASDAQ: ELTX)? They have been beaten down from $8.5 in July, and stock indicators incidate a reverse is starting. Looks like they hit a basement last week and is trading at $ 6 1/8 today. Eltrax designs and installs, and in some cases maintains, wide-area-networking systems for end-user corporate and government customers, and is a distributor of data communications equipment to other value-added resellers. They have been growing like wild-fire with several acquisitions over the past year. Revenues have been increasing steadily, but earnings were off because of acquisitions and the transition of managing so much growth. Management stated back in January that earnings would get better.... The stock has been quiet and on the TA side, looks ripe for a turnaround.... Thoughts?

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