Elcom International (ELCO) Message Board

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Technology Stocks : Elcom International (ELCO)

ELCO 35.00

0.0%

Jan 9 9:30 AM EST

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To: Bill McCullen who wrote (135)	1/21/1999 6:08:00 PM
From: GARY P GROBBEL	Read Replies (1) of 736

Bill...sometimes I wait weeks...sometimes months...sometimes longer. It depends on the company's progress. As of the 3rd qtr Sept the book was 3.58 and they had about $20m cash or equiv. That will change after this Dec qtr is reported but it will still leave them pretty strong for a 2.00 stock. Their focus on the inet (which they are already participating in) should result in some add'l exposure. It may or may not take time for the company's new initiatives to bring in results. Right now I'm willing to wait...after all...it's January, not November<g>. gpg

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