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Technology Stocks : Electronics Boutique (ELBO) -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (623)12/22/1999 8:43:00 PM
From: Mad2  Read Replies (1) | Respond to of 779
 
To me looks like the secondary didn't go well in that not enough demand was created and we didn't see follow through on the hype of dreamcast.....a few days ago (actually two seperate occasions) it appeared someone was supporting the stock, sitting on the bid, I trimed back at that sign.
Todays action does look bullish for the future and fundamentals appear sound. If you look back to the action in Sept and Oct, we saw some large volume days (>1mil shares in the mid to high twenties), I suspect those who bought in on the hype of Sega are taking the loss this year......responsible for the selling pressure of late.
ELBO is a good value at this level, I'll add a bit more if I can get some in the 17's tommrow.
Mad2