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Technology Stocks : Elamex(ELAMF)
ELAMF 2.150-15.7%Mar 7 3:00 PM EST
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To: David Seltzer who wrote (182)4/15/1998 1:33:00 PM
From: Ron Bower  Read Replies (1) of 276
 
David,

Been following and am now back into ELAMF. Couldn't resist the price, too many good people on it. Smaller position than before with intentions to add to it based on quarter to quarter performance.

Question: "Wages went up 1-1-98" This was a legislated minimum wage raise that the company could anticipate? Do you see improving margins in this coming year? If they have the backlog you said, .88 seems very low for bottom line and not much room for error.

Thanks,
Ron

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