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Technology Stocks : Erawest{ERAW} -- Ignore unavailable to you. Want to Upgrade?

To: Michael J. Scimone who wrote (10)	1/12/1999 12:59:00 PM
From: Blue Voodoo	Read Replies (1) \| Respond to of 40

Why ERAW has finally bottomed (or nearly so): The difference is that Eikov is finally cleaning house, getting the books in order for the long overdue public airing. He admitted to me, point blank, that the GEM deal was a major mistake. Exactly the kind of honesty we hadn't seen from Erawest before now. They do own some cash cows, and at current prices any positive earnings (they're looking to roughly break even this quarter) will give them a rock bottom PE for any firm in their line of work. I'm long and getting longer in ERAW.