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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 (152)11/5/1997 9:27:00 AM
From: David Seltzer   of 276
 
In the 2nd qtr conference call mgt stated that there would be some
sequential growth in the 3rd qtr,whatever that meant.The 3rd qtr
results were disappointing in light of that comment.
On the other hand,the stock is undervalued,and I will also add to my
position from time to time.I did sell 20,000+ shares at $12+,and
bought back a small number of shares at $11.25.

David
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