SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Electronics Boutique (ELBO)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DellFan who wrote (305)4/6/1999 7:34:00 AM
From: Top Jim  Read Replies (2) of 779
 
DellFan go back to Dell because you sure don't know ELBO.
Blocks have been flipped like this for months. The activity is institutional not insider -- insider is still in lockup.

Mr. Kim took $6M cash from the IPO -- does that make him super-human? Sure doesn't make him hungry.

Ownership by mgmt would indicate they have a vested interest in growing profits and with it market valuation. ELBO's earnings growth proves they are not complacent.

As for insider "pump and dump" I don't think ELBO mgmt. would appreciate the SEC's reaction.

Mr. Firestone has stated that a major announcement pertaining to their ebworld.com division is expected this month. They have expressed an interest in developing a major presence on the web and this may be the first of many announcements.

I competed with ELBO for years and know their market positioning well. Their personality is to keep their cards close to the vest but play hard from a position of strength. IMO expect an ebworld.com spinoff and/or a partnership with AMZN sometime before late-summer. This upcoming announcement is more likely a building block and my bet is a deal with INSP or a portal.

Recently short interest has increased from 200 to 36,000. From your tone and baseless conjecture I would surmise that you are part of this growth trend. If so, I hope you'll wait to cover until after ELBO makes their "very unexciting announcement."
TJ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News