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Technology Stocks : eLec Communications Corp. (ELEC) -- Ignore unavailable to you. Want to Upgrade?

To: warren bostwick who wrote (284)	8/11/2000 11:50:39 AM
From: rod runyan	Read Replies (1) \| Respond to of 330

imho the stock is trading lower primarily due to a shift in investor sentiment market wide. Companies with mounting losses are being viewed with far more skepticism than in late March. Yes, sales growth was great, but actual losses have increased this year over last. 2nd & 3rd. tier companies exploded in the first quarter and have collapsed since. The positive side is indeed the fine sales growth and continued expansion of services. If you like the story on this stock (i do) than patience is about your only choice for now. good luck. rod