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Technology Stocks : Elamex(ELAMF)

ELAMF 2.150

-15.7%

Mar 7 3:00 PM EST

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To: Ron Bower who wrote (99)	9/28/1997 12:09:00 PM
From: David Seltzer	of 276

Ron, The latest research report by Alex Brown says "we have raised our 6-12 month target price to $16,representing approximately 12x our 1998 eps estimate,still well below expected eps growth and peer group multiples".The report is dated 8/4/97. I am looking for cap gains in 1998. David

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