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

To: David Seltzer who wrote (209)	7/16/1998 5:30:00 PM
From: Ron Bower	Read Replies (1) \| Respond to of 276

David, I've been following the thread, but haven't been doing the research I would normally do. If you wouldn't mind... The Peso is at 8.83, about 17% or so from last year at this time. The Peso not weakening has been an excuse in the past. Does it now favor them for increasing business? I know they lost some business to Asia, but it was mostly business headed for Asian markets. I presume you follow their customer list. Will they be hurt by additional lost business to Asia or can they hold the customers they've had? Is GE a NEW customer? Margins have been weak. Any improvement likely? As I understand it, the first two Qs were to be weak. Are they still predicting strong gains in the 3rd and 4th? How beneficial will Optimag be to earnings? WHen? It was a surprisiing acquisition to me as I didn't see a fit) TIA, Ron