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Technology Stocks : Elamex(ELAMF)

ELAMF 2.150

-15.7%

Mar 7 3:00 PM EST

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To: Ron Bower who wrote (185)	4/20/1998 10:22:00 AM
From: David Seltzer	Read Replies (1) of 276

Ron,Backlog consists of firm purchase orders,commitments and forecasts to be filled within the next 12 months(wording from annual report). What do I see for the company? Over the next 12-18 months I see increasing revenues from internal and external growth,and improving profits and gross margins.I also expect minimal profits in Q1 due to the 17% increase in wages and an increase in utility charges. David

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