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Technology Stocks : Electronics Boutique (ELBO)

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To: Richard Tsang who wrote (352)5/22/1999 12:04:00 PM
From: ratherbelong  Read Replies (1) of 779
 
Richard,
I agree with you that now is the time to add. I think the stock has built tremendous support at its current price level. Barring some sort of broader market correction, we should see a very nice run up between now and christmas. As you know, with a 4.4M float, any sort of positive event that catches the eye of investors can sent this one through the roof. I still remember the day that CNBC' Joe Kernan just mentioned the company briefly...and the stock popped from $14.75 to $25.00+ on 2.5M volume over a two hour period to close just north of $18.00. Who knows, maybe with all the current chatter about Star Wars and it's associated sales, we'll see some coverage like that again.
Good luck,
RBL
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