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

To: Vladislav Orlovski who wrote (176)	3/2/1999 12:15:00 AM
From: Douglas Freeman	Read Replies (1) \| Respond to of 736

That's a good question. If I knew the answer I'd be champagne shopping right now. Should be real busy. I came back because I did a little number crunching. Check out this stat. Selling for one times sales is pretty cheap right? More like a dream for an internet stock. Anyway, ELCO's annual sales run around 760 mil; divide that by the roughly 27.3 mil shares, and you get an almost ridiculous number of $28 a share. I won't even begin to predict we get that high, but it does say how cheap this stock still is. Feel free to spread that stat around - it's easy to verify. It's interesting to note ELCO hired a PR firm back in January; this runup is no coincidence. Another bonus is ELCO's nearly billion $ revenue base & the starting customer base that comes with it. Add it all together & you get a lot more meat than you find with many other internet plays. I just hope it plays out. If the media gets a hold of this (namely CNBC), hang on tight. ID