Electronics Boutique (ELBO) Message Board

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Technology Stocks : Electronics Boutique (ELBO)

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To: jlallen who wrote (3)	8/9/1998 10:31:00 PM
From: Victor Lazlo	Read Replies (1) of 779

jlallen - I think ELBO is presently undervalued. Retail is one of the strongest industry sectors, and elbo is growing fast and has a pe around 10 for 1998 if they grow as expected, if my math is right. Moreover it won't be long til the Christmas season is here, which seems to be their biggest quarter by far. They also have a web site that is experiencing fast sales growth, and in the prospectus they state they intend to make some marketing alliances soon with major web search engine cos. I do not have any now but i am watching closely. Anybody know why this was not a stronger IPO? Kind of fizzled right from the 1st day. Victor

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