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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: SMALL FRY who wrote (23798)1/31/1999 6:08:00 PM
From: puborectalis  Respond to of 120523
 
ELTX ,the bargain of a century!
by: ATMswitch (36/M)
268 of 269
I have never seen a company go more unnoticed with soo much potential. NOCs are by far the most well
positioned investments in technology. Most NOCs should have an ROI of 30% in '99, 50% in '00, and
100% in '01. ELTX looks like it will revenue out about $135 to $145 million in '99. This is the same as that
internet search engine INKT that has as many shares, if not more and $135 million in revenue tops. Here is
the kicker, ELTX will EARN .40 to .55 a share, INKT will earn .05. Nobody, except O' Reily, can even
imagine what ELTX will do in '00.
My reason for using an internet search engine is simple. ELTX, the e-commerce company, will grow as fast
as the internet i.e. as fast as internet search engine traffic grows. Furthermore, they will earn money with all
the other network contracts (hospitality specifically).Just wait until these Hotels(Holiday Inns, Ritz Carlton,
etc.) & Resturants start maxing out the Eltrax Network Operating Center with an estimated $3 billion that will
be spent over the internet in that industry in '99. I predict in 30 to 60 days this company will be trading
around $15 to $20 a share.