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Technology Stocks : Electronics Boutique (ELBO)

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To: rtroup who wrote (298)3/31/1999 9:58:00 PM
From: Victor Lazlo  Read Replies (3) of 779
 
rtroup I guess I would be suprised if they're not getting a bit of pressure from the underwriters who've issued buys/strong buys on ELBO, only to see it go down. Doesn't make the analysts look that great. The info you've mentioned is not rocket science and I agree with you, I think they should publicize it.

One thing that has concerned me from the get-go is the almost complete lack of ownership of the stock by officers of the co. The last buys I know of were a total of 7500 shares in July by Firestone and Griffiths. Correct me if I am wrong but I believe this is the total ownership by mgt. (they may have a few options as well.)

The valuation of this is ridiculus. I know lots of folks are afraid of amzn, but the ELBO store near me that I keep an eye on is always fairly busy, even this past Jan and Feb. I don't think that will change.

i'll email them too and see what they say.

Victor
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