Elamex(ELAMF) Message Board

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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 (211)	7/16/1998 9:23:00 PM
From: David Seltzer	of 276

Ron, 1.The peso devaluation helps the company since revenues are in dollars and expenses are denominated in pesos.So far,I don't think the devaluation has aided in bringing in new customers. 2.Gross margins should improve in the 4th quarter when revenues exceed $30 million. 3.Third quarter eps should be between $.15-.18 per share.I would expect 4th quarter eps to exceed $.20. 4.Optimag should be profitable in 1999 according to the annual report.I have no clue as to its eps contribution.Optimag is on "schedule" according to Martens. 5.I don't think they are losing business to Asia,but I don't know for sure. David

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