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Technology Stocks : Elamex(ELAMF)
ELAMF 2.150-15.7%Mar 7 3:00 PM EST

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To: David Seltzer who wrote (97)9/28/1997 10:02:00 AM
From: Ron Bower   of 276
 
David,

Thank you for the posting on ELAMF.

I am have been overly optimistic about the company and will likely be frustrated by it's performance. Your review is an indication of growth, but well below their potential.

I will continue to hold, but may reduce my position.

NTAIF - I was playing the ups and downs on it as the market reacted to each news report and am currently out. I'm now thru with it and put monies into DSWWF. I decided long ago that I only want one company in a region and Deswell looked more attractive to me than Namtai. There is also the potential that NTAIF is trying to raise the monies for a Deswell buyout. It seems strange that a company buying back stock nine months ago is now making a large stock issue, that officers and directors were selling and will now be buying. Very impulsive decisions being made.

Thanx,
Ron
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