Elbit Vision Systems EVSNF Message Board

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Technology Stocks : Elbit Vision Systems EVSNF

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To: Andrew Furst who wrote (54)	2/16/1998 8:33:00 PM
From: Arul K. Edwin	of 93

Not all Asian countries have serious problems. For example, India and China are huge textile makers and their currencies have been stable. Barring the elections in India, things are stable there. Therefore, Asian economical woes won't affect EVS's business there. These countries are always looking to upgrade their systems and instrumentation companies should do well there. However, once a darling stock, which has no long history is hit so badly, the recovery is a long process. They need to come out with good earnings next quarter. (take a look at.. SHVA from $80 to $ 8 and DSLGF from 30s to 3 1/2...both were relatively new IPOs. They took some time before being on track to recover). I feel, on the long run this stock will do well....in the meanwhile, it might oscillate up and down...therfore Happy Trading!!! Best Regards, Edwin.

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