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Technology Stocks : Elamex(ELAMF)
ELAMF 2.150-15.7%Mar 7 3:00 PM EST
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To: VALUESPEC who wrote (222)10/13/1998 8:55:00 PM
From: Paul Senior  Read Replies (1) of 276
 
Very sad really. Here's a company (per Yahoo) with no long term debt, selling for 1/2 book value and about twice cash. A substantial business too - employing 5000 people. And in a business - contract manufacturing - that seems to have some future. Well, it looks to me at this point like a hopeless situation. Perhaps the company is going bankrupt; perhaps it's just a lack of buyers. Perhaps it's just.... Mexico. Nevertheless, I continue to hold all my shares. Hoping for a better '99. Senior.
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