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Technology Stocks : Electronics Boutique (ELBO)

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To: Steve Research who wrote (189)12/22/1998 9:55:00 PM
From: Victor Lazlo  Read Replies (3) 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, >>

Hey, whoa! What is the name of this guru?

<<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. >>

This would raise elbo's e-sales to what, 3% of total sales? Please inform me of the impact here. The ad impact would be foward-looking- in other words, the ad rates for the web site can only be justified based on historical traffic, so the financial benefit of huge traffic, to we lowly shareholders, will not show up until the future.

ELBO at this time is a retail stock, unless perception is allowed to run free. We are in good hands with management, too; the stores are busy. And the stores have made good profits for years now, with same-store-sales increasing nicely. I have not invested my money in a rookie executive management team. These folks know what they are doing.

And they are the biggest seller on earth of electronic games !!

<< 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.>>

SR, ELBO's "internet peers" are losing money at a horrifying rate. Splendid for them, I say.

Victor
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