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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (10754)11/29/1998 10:31:00 PM
From: Ken W  Read Replies (1) of 29382
 
Max.

Just a qucik look at ELBO and I am impressed. 23 million in cash. ROE of 91%, wow, and they said there was no money in video games. The best part I like is the less than 1 price to sales ratio. Nice smal float at 4.4 million. Insider buying, while not huge, is still insider buying.

The only caution I would use here, if it were me, is to wait just a tad as earnings are due out tomorrow. When a stock have moved up like this just prior to earnings, as you know, have a tendency to sell off for a couple of days. I think you can get the stock cheaper than what it is at present. Not because it is cheap, just get it at a sale price.

How many stores do they have Max? They said stores, but not how many.

Ken
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