Elcom International (ELCO) Message Board

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Technology Stocks : Elcom International (ELCO)

ELCO 35.00

0.0%

Feb 6 9:30 AM EST

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To: oldcrow who wrote (77)	2/23/1998 6:59:00 PM
From: tbuff	Read Replies (1) of 736

The trend since November is down. Looks like the stock is headed down toward the $5 level over the next month. The recent blip up was probably in anticipation of earnings, which were a disappointment - hence the slide back downward. Looks like it will take some big news to get the stock headed in the other direction. Who knows when that will be, or if it will happen at all. Some on the other boards seem to think that they know, but are just b.s. artists. Fundamentals do look good, and the stock seems to be cheap at these levels - especially if they can earn $.50/share this year. This will probably be a quiet week for the stock - at least compared to last week.

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