Elcom International (ELCO) Message Board

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Technology Stocks : Elcom International (ELCO)

ELCO 15.25

-56.4%

Oct 17 9:30 AM EST

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To: Joe Allison who wrote (57)	1/24/1998 6:43:00 PM
From: FRANK J CATALANO	Read Replies (1) of 736

JOE ELCO- COULD BE A SLEEPER AT $6.00 !! THE STREET IS LOOKING FOR +.12 IN THE FOURTH QUARTER . THAT WOULD GIVE THEM ABOUT +.37 FOR 1997 vs +.19 LAST YEAR. IND PE IS AROUND 50 BUT I WOULD USE 25-30 TO COME UP WITH A FAIR STOCK PRICE THAT CAN BE HIT . IN 1998 EARNINGS COULD HIT +.55 ( THATS ON 27 MILLION SHARES ) AND EVEN USING A LOW 20 PE WE STILL COULD SEE $10 IN 1998. GOOD LUCK CAT

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