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Technology Stocks : Electronics Boutique (ELBO)
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To: Night Writer who wrote (185)12/22/1998 12:41:00 AM
From: Steve Research  Read Replies (1) of 779
 
I think that the article in Barrons this past weekend should move this stock. Morgans highly regarded internet guru (the best on the street) thinks that Christmas sales will be $10 billion and not the previously predicted $2.5 billion, I think that it is safe to say that ELBO's internet sales will be 4 times higher than predicted and should cause analysts to raise #'s soon. $20 is in the bag this week. Look at all the other internet retailing stocks and how they moved today. ELBO deserved a bigger move today to be kept in line with everything else, and I think the market will move it closer to it's internet peers by the end of the week.
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