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Technology Stocks : Elcom International (ELCO) -- Ignore unavailable to you. Want to Upgrade?


To: ginty7 who wrote (174)3/1/1999 8:11:00 PM
From: Douglas Freeman  Read Replies (1) | Respond to of 736
 
Yup, saw that Yahoo board too. I followed ELCO years ago, & just pulled out their 96 A/R. Refreshing to see an internet company that was actually targeting the internet that long ago. I'm a recent piler-on, and as for why? Selling at 1/6 of sales, & having earned 35 cents just last year, I wasn't exactly airsick looking at valuations. If ELCO had 10% of EBay's multiples we'd be retiring tomorrow . Tomorrow morning IS a classic "sell on the news" situation, but aside from that, the upside looks too interesting not to throw a few bucks at. You even get a good deal on a computer company if the internet part doesn't work out. If we go to $8, I retract that last statement. ID