Electronics Boutique (ELBO) Message Board

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Technology Stocks : Electronics Boutique (ELBO)

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To: Night Writer who wrote (276)	3/19/1999 12:46:00 PM
From: rtroup	of 779

Take a look at the correlation to EGGS. With EGGS maintaining some strength, it should be just a few days before ELBO gets going. EGGS vs. ELBO ? Before I go any further... I am long ELBO and have no shares in EGGS. Electronics Boutique has been trading in tandem with EGGS for most of the year. (see doublehappy.com note:I created DoubleHappy) On 3/17 Electronics Boutique came out with solid earnings and good future prospects (http://biz.yahoo.com/prnews/990317/pa_elec_bo_1.html ) It's making money! Second, it's fourth quarter web site sales rose 1200 percent over the previous year with over 3.5 million visitors in the quarter. (http://www.ebworld.com ) What do you think about this? If you don't want exposure to either by itself, what about a spread trade: sell EGGS, buy ELBO and wait for the relationship to get back to normal. Or just look at this graph: techstocks.com. Change the date range if you want. The correlation is pretty tight.

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