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Technology Stocks : Elbit Vision Systems EVSNF -- Ignore unavailable to you. Want to Upgrade?

To: Steven Hsu who wrote (77)	6/28/1998 2:42:00 PM
From: Andrew Furst	Read Replies (1) \| Respond to of 93

Is EVSNF a bargain at $1 7/8 (asked)? At the current price it's at or slightly below book value, based on the latest reported earnings. New CEO installed a few months ago. It will take a long time to get the company back on its feet, but seems possible - and if so, this is a heck of a cheap price. If EVSNF hits the current earnings projections (in considerable doubt at present, of course), especially 30 cents/share next year, the stock could go a LOT higher. Any takers at the current price? I held this stock earlier this year but sold for a big loss at $6.50 - $7/share. Maybe I'm compounding that mistake, but I couldn't resist getting back in Friday at $1 7/8.