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Technology Stocks : Electronics Boutique (ELBO)

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To: Steve Research who wrote (17)11/29/1998 1:30:00 PM
From: Victor Lazlo   of 779
 
<< ELBO!! buy this stock!! Prudential has a strong buy on it! This company is for real! >>

yup- the suprising thing is that another major house -- Morgan Stanley I beleive -- was a secondary underwriter on the IPO, and only Pru has the buy rec out. (Pru was the lead.) I am puzzled as to why MS has not put out a "buy" on it by now, also.

<< WHY SHOULDN'T THIS COMPANY TRADE AT A MULTIPLE LIKE EGG HEAD?????
THE INTERNET SITE BLOWS AWAY EGGHEAD.COM >>

Well, Steve, ELBO does have bricks and mortar stores, and that turns people off these days <g> I did visit EGGS site several weeks ago, only mildly impressed.

<< This company is like egghead with a bonus bricks and mortar operation in place. >>

The thing I like about elbo is that they have been nicely proitable for many years now, even before the web site was a factor, and same-store sales have increased nicely each year for at least several years. They are doing stuff right, and have lots of cash.

<< In my opinion: This stock is going to catch on as an internet play and quadruple in value by year end.>>

My dream come true <g>

Best regards
Victor

P.S. - if anybody can help Keith get to the web site, please do! I am not the most computer/web literate person on the thread I am sure <g>.
Thanks
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