dwlina,
Thanks for the great tip on skym last week. I found this stock and thought it had great potential. Do you have an opinion on this one.
ELCO
Stock is depressed because of pre-announced losses.
Book Value= $3.5
Sales==$764 million
Selling for $2
Seems VERY WELL positioned in net-commerce
Losses this quarter due to Asian financial crisis.
Float is only 17 million
Total shares 26 million
Sales=$28/share
With sales of $760 million and a new e-commerce posture and acquisition, it looks as if we could have a real explosion.
Any contrary views or negative insights deeply appreciated.
Happy New Year to all!
Emile
Here is the profile:
Elcom International, Inc. develops and licenses proprietary software systems which enable the
conduct of interactive electronic commerce and, through a subsidiary, uses this technology to support
the sale and marketing of PC products electronically. The Company's proprietary Personal Electronic
Catalog and Ordering System (PECOS(R)) technology enables the Company and its licensees to
create interactive electronic catalog and ordering systems and thereby market products and services
using PC-based electronic commerce systems which operate on public and private Internet Protocol
networks. PECOS is designed to become an integral part of a customer's purchasing process by
computerizing various tasks associated with the product ordering, fulfillment and delivery process.
These tasks include gathering and searching through product information, selecting products,
checking product price and availability, comparing and selecting shipping options, analyzing computer
system configurations, generating purchase requisitions, obtaining approvals, and placing orders
electronically from the customer's PC.
The PECOS system also can link electronically with a supplier's order entry and warehouse
management systems, thereby supporting the automation of the fulfillment of such orders. The
Company believes that its PECOS technology is the first client/server, Windows- and
transaction-based electronic marketing and ordering system to generate substantial revenues in the
emerging area of PC-based electronic commerce. The Company, through its technology subsidiary,
has signed a total of ten license agreements for its PECOS technology and is pursuing additional
license agreements. |
