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Technology Stocks : Electronics Boutique (ELBO)

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To: Steve Research who wrote (197)12/28/1998 8:35:00 PM
From: Victor Lazlo  Read Replies (1) of 779
 
<< It's a great retail story, but you have to admit it would be great if this stock got caught up in some good internet hype and traded at 100x revenues......up 30-40 points in one day! Could you imagine? 30-40 points every 5 years is nice! but in one day? >>

Steve I would love that. So would my family <g>.

Unfortunately, ELBO has the fundamentals to back up its web precsense, and this seems to almost be a negative these days. Like, if your co does not stand a chance of being solvent even 90 days from now, just announce a new web site, and your stock goes up 850% in a day. But if your mgt already knows what they are doing, and has made increasing profits for six years, then a web site will only enhance their success ... "so, what the heck good is that? "

Much of the investor reaction to this web stuff is Alice in Wonderland, if you ask me. It is out of control, at least for a few more mos. And I have been active online since 1994.

Victor
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