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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 (205)7/16/1998 10:57:00 AM
From: David Seltzer  Read Replies (2) of 276
 
Ron,
I spoke to Carlos Martens yesterday.I think that the joint venture with GE could lead to dramatic increases in revenues over the next 12 months($10 million is just the starting figure).Also,the second quarter's eps should be at least $.12.The $.12 includes a R&D writeoff of $.08 a share for Optimag.It is encouraging to see 1/3
of the public float turnover in less than 1 week,and have the stock price increase.

David
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