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Non-Tech : E4L, Inc. (NYSE: ETV) -- Ignore unavailable to you. Want to Upgrade?


To: Luce Wildebeest who wrote (1067)11/19/1999 7:25:00 PM
From: out_of_the_loop  Read Replies (1) | Respond to of 1080
 
My position has not changed since I last posted here.
My opinion is that the stock has bottomed but I do not know how to judge the effects of the SmartMoney article. My guess is that it will still go up more based on that momentum, for a few days anyway. You could test the waters and try to establish a trading position, then sell part of it to ensure profit and cut out loss potential. When I bought into this originally, I never dreamed it would be possible to reach the depths it did.

The company appears to have changed its business plan and has centered it around BuyItNow.com. Personally, a lot of surprises have happened and I do not believe that management has made it clear to shareholders what the plans were and are -and when & how they were to change. I read the latest annual report and was dismayed and annoyed at the lucrative benefits that management enjoys (example - why do they all need the company to pay for their cars?). It did not appear to be in the spirit of sharing risk and cutting down costs for the shareholder during a very lean time. I think that recent significant insider buying is a good sign -not a guarantee, but a good sign.

I would not be averse to adding as I described above, but will probably not do so.