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

To: David Seltzer who wrote (182)	4/15/1998 1:33:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 276

David, Been following and am now back into ELAMF. Couldn't resist the price, too many good people on it. Smaller position than before with intentions to add to it based on quarter to quarter performance. Question: "Wages went up 1-1-98" This was a legislated minimum wage raise that the company could anticipate? Do you see improving margins in this coming year? If they have the backlog you said, .88 seems very low for bottom line and not much room for error. Thanks, Ron