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Technology Stocks : Avtel Communication (AVCO)
AVCO 2.120+2.4%Oct 31 3:59 PM EST

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To: Tommy Hicks who wrote (341)11/16/1998 10:31:00 PM
From: RikRichter  Read Replies (1) of 461
 
Tommy,

I agree with your assessment on ECIN. Its market cap is a mere $8 million (compare that to AVCO's market cap of over $100 million) which means it sells at only 0.5 times sales. The company and insiders are repurchasing shares. Its two year high is 10 1/2. If we get any news announcements regarding ECIN's high speed Internet service or HDTV transmitters, Wall Street may wake up to this sleeper.

I bought some ECIN today.

Regards.

Elliot
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