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Technology Stocks : Electronics Boutique (ELBO)

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To: Top Jim who wrote (313)4/7/1999 10:16:00 PM
From: DellFan  Read Replies (1) of 779
 
Top Jim - your unabashed cheerleading of this stock on numerous threads - and optimistic predictions about future actions of ELBO management - including your prediction of a "breakout" last week (never happened) - need to be pointed out so that others don't start overestimating your predictive prowess.

I'll tell you what we should do. You keep posting your pollyanna conjecture and I'll keep posting enough real life ELBO history to keep our combined (and cooperative, I hope)outlook for this stock at realistic levels.

The fact of the matter is that professional analysts are predicting earnings growth for this stock year on year to be lower than the industry average. That might justify its multiple, or a higher multiple - I don't really care too much for technical analysis.

The fact is though, that the stock has been a dog. The recent EB World announcement is, I believe, THE announcement promised in conference call. I certainly don't expect another within thirty days from the conference call, do you?

I hope, for your sake, that this thing takes off. But I don't think so. After all, the Kim lockup period still hangs over this stock, doesn't it? And they own 75% of the company.
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