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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (968)	2/22/1998 2:14:00 PM
From: Redhead	Read Replies (1) \| Respond to of 29382

Myron & Ken, Thanks, I will check it out. MECN Thanks to both of your for the warning re ACTC. that is what SI is all about. Helping each other. I owe both of you. And here's a big smile to ya both. ”¨” Redhead

To: freelyhovering who wrote (968)	2/22/1998 2:37:00 PM
From: Redhead	Respond to of 29382

Myron, Thanks for the stock suggestions. SRSL looks very interesting. Vector Vest put it at $10.60 a share. It closed at $8.75, so that is pretty good. Also, first call lists it as a buy. i also found this, don't know whether you saw this or not, so here goes. STOCK REPORTS SRS Labs Last Updated: 03-JAN-98 Industry Outlook Year to date through December 22, the S&P Electronics (Component Distributors) Index rose 15.9% versus a 28.1% advance for the S&P 1500 Index. Investors remain concerned that distributors' near-term earnings could be negatively impacted by continued margin pressures. While these concerns are not without merit, we believe the longer-term investment outlook for electronic component distributors is positive, based on attractive growth prospects and relative valuations. Furthermore, while the current outlook for the semiconductor industry is somewhat mixed, the long-term picture remains promising. The continuing proliferation of electronic devices in our daily lives hints that demand for components will remain strong into the foreseeable future. Industry: Electronics (Component Distributors) Versus S&P 1500 Industry Index Price Performance as of month-end 12/31/97 North American distributors have gone on a buying spree, gobbling up small- and medium-size competitors. This consolidation has allowed larger companies access to geographic and end-user markets that had previously eluded them. Even though a larger percentage of this industry's business comes from the price sensitive "mega-customers", cost-containment programs related to these consolidations have reduced the impact on the bottom line. These expansion efforts have not been limited to the domestic market. U.S. companies are also expanding their global presence through acquisitions of foreign distributors. Almost all overseas acquisitions in the past two years have been done by U.S. distributors, primarily Avnet and Arrow Electronics. One reason for this globetrotting activity is to follow U.S. semiconductor makers as they open up fabrication facilities in Europe and Asia. Many chip makers showed a desire to deal with distributors that are capable of providing world-wide logistical support to end-users. Additionally, U.S. distributors found that they are able to leverage their cost-containment programs, which they perfected here at home, to the global market. One advantage that the U.S. companies have over their foreign counterparts is their ability to introduce value-added services, such as just-in-time delivery and cross-referencing, to the customer. As an example of the potential growth in overseas markets, Avnet believes it can boost its Asian sales, currently at around $200 million, to $1 billion by the year 2000. Other Industry Participants Principal Peer Group Stock Symbol Recent Stock Price P/E Ratio 12-mth. Trail. EPS 30-day Price Chg. % 1-year Price Chg. % Beta Yield % Quality Ranking Stk. Mkt. Cap. (mil.$) Ret. on Equity Pretax Margin % LTD to Cap. % SRS Labs SRSL 7 1/2 23 0.32 6% -17% NA Nil NR 71 NM NM NA AMX Corp AMXX 5 7/8 NM -0.06 -4% 2% NA Nil NR 48 326.1 14.7 NA Anaren Microwave ANEN 15 3/4 25 0.62 -23% 142% 0.38 Nil C 67 NM NM NA Asia Electronics Hldg AEHCF 6 3/4 6 1.19 -21% NA NA Nil NR 60 NM NM NA BEI Technologies BEIQ 12 1/4 19 0.64 1% NA NA Nil NR 88 NM NM NA BENCHMARQ Microelectronics BMRQ 13 7/8 14 1.00 -21% -31% NA Nil NR 96 31.7 18.2 NA Bolder Tech BOLD 9 1/2 NM NA -14% -43% NA Nil NR 90 NM NM NA Medar, Inc. MDXR 5 3/8 NM -0.33 -7% -4% -0.04 Nil C 49 NM NM 45.8 Nu Horizons Electronics NUHC 6 3/8 10 0.65 -7% -20% 0.76 Nil B 56 16.6 5.5 24.5 Research Frontiers REFR 7 3/4 NM -0.28 -11% 2% 1.27 Nil C 79 NM NM Nil Richey Electronics RCHY 9 5/8 13 0.76 12% -14% NA Nil B- 87 21.3 4.8 NA SL Industries SL 11 3/4 9 1.35 -11% 49% 0.57 0.7 B 66 24.0 11.0 1.9 Savoir Technology SVTG 11 22 0.50 13% -14% 1.33 Nil C 59 17.5 2.0 0.3 Schmitt Industries SMIT 9 1/8 35 0.26 -4% -13% NA Nil NR 65 NM NM NA Smartflex Systems SFLX 9 3/4 NM -0.42 3% -38% NA Nil NR 62 14.7 7.7 1.3 Spire Corp. SPIR 14 5/8 28 0.52 -16% 516% 0.14 Nil C 47 NM NM Nil Well, thanks again and I am going to further look into this. Redhead

To: freelyhovering who wrote (968)	2/22/1998 8:43:00 PM
From: Carole	Read Replies (3) \| Respond to of 29382

Myron If you guys keep talking about battery rabbits, I am going to be forced to discuss my favorite battery company, RDOX I spent the day on the research trail and think I have come up with something very interesting, but I need to call the company tomorrow to confirm. As it stands at this moment, I think I stumbled onto something that may well tie their technology to some rumors that may have been based on fact originally, but somehow went astray and became unbelievable. I will let you know what I discover. c