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

To: David Seltzer who wrote (178)	3/5/1998 5:38:00 PM
From: John Gault	Read Replies (1) \| Respond to of 276

Thank you, David. <eom>

To: David Seltzer who wrote (178)	4/28/1998 8:48:00 PM
From: David Seltzer	Read Replies (1) \| Respond to of 276

Q1 results 1.sales=$28.3 vs $33.8 2.eps=$.09 vs $.23 3.R&D charge for Optimag was $.066.Without this one-time charge eps would have been $.15+. 4.Began shipments for major customer during first week of Q2. 5.Received ISO 9002 certification for their plastics division. 6.Gross margin=11.3% vs 13.1%. 7.Book value per share=$7.81. First call estimates were $.07 and $.10.IBES estimate was $.085. I am anxious to hear the conference call to hear how the backlog ties into the next 3 quarters' sales.In addition,there should be no more than $.035 charged to R&D over the next 3 quarters. David