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Technology Stocks : Elamex(ELAMF) -- Ignore unavailable to you. Want to Upgrade?


To: j rector who wrote (125)10/26/1997 4:56:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 276
 
ELAMF is now down to about $10B and $ 10.375A. Since Asia is having financial problems, and may result in a slow-down, many tech stocks are selling off because a lot of tech sales take place to Asia companies.

Since ELAMF services many high tech companies, I can only assume that is why ELAMF sold off some more today. I hunch is that it is unfounded to sell ELAMF based on that reasoning, but who knows.

I am still selling the shares which I bought a couple weeks ago for $10.75.