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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: DR. MEADE who wrote (12090)2/18/1999 8:20:00 AM
From: Lazarus  Read Replies (1) of 25711
 
Dr. Meade...

....take a look at ELXC.

Look...IF someoned was to come into TMMI they would RS that stock in a heartbeat. Who wants a friggin shell with all that debt and problems. Do they have a revenue stream? In order to take advantage of the loss carryforward the debt would have to be addressed -- TO MUCH!

another thing...at todays price it costs you $11,000.00 to own 1 percent of TMMI --- you can own 1 percent of ELXC for $3,200.00 AND...you have a company with only 2.2 mill out float of 1 mill and loss carry forward of 7 million WITHOUT near as many problems to address.

Futhermore the company has product and revenue stream and same CEO for 15 yrs.

Dont mean to insult your intellegence -- but even though the share price of ELXC is higher --- you are getting a WHOLE lot more for your $$ in a company like ELXC. For the same price that it would cost you to buy 1 percent ot TMMI you can own almost 3% of ELXC!

see the products at www.clickshopping.com

Downside -- not near as liquid as TMMI so it takes more balls and brains.

Barginstocker
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