I am not from the state of AK but I believe
that one can make a case for "show me" in view
the past history of MSFT's vaporware years ago. ELBO
should reap the benefits in any event.
covered SNRS; on it my views have not changed. I have
been in the SPY channel and
holding a very nice
bearish position. KIDE
long needs a little break-out
- am holding.
Thanks for the post on
ELBO go - go .
I've enjoyed your E-mails/posts as well.
Clearstation is where I do most of my T/A but I mostly post
here on Yahoo and Siliconinvestor.com . ELBO is about
the only position I have that I am vocal about...most
of my other positions are just long/long term holds
"blue chippers" that I don't get to excited about day
to day. I have also done well recently with cien,
amkr, cntr and picked up a little fnco @ $10.00...but
they are not for discussion on this board. Great to
here from you again.
My best wishes to you in all
It is a pleasure to see that you still
interest in ELBO. Just wanted to
say welcome back and
on T/A are always welcomed. If
for no other
reason as a check and balance on my
I heard little of the Gates
last evening. Of course the phone rang
the exact same time it was on
CNBC. What I did
overhear was Bill and
co are planning expenditures
than that for Windows 95.
need to print a retraction of an earlier
I made regarding NVIDA.
It seems the system is
not the polygon
pusher I was lead to believe by
read and heard from sources. Because
simply cant provide those numbers. So I gather
going to have a striped down PC that
plays games on
the net/TV with a very nice video
card but less
than what I was expecting.
Can't we already do this
with a TV out on the PC?
MSFT tried this
before and failed. He (BILL)
doesn't like the idea of
Sony beating him
to the end game. The be all set
I have serious doubt whether the
can support more than two game consoles
same time frame. Look how Dreamcast
has killed the
PS: The S&P still preforming
in line with its current bear channel !!
reversal today and Monday at the top
of this channel
was proof + in my book.
And for Gods sake close
that SNRS short:-)
to you and all ELBO longs,
A prior commitment did not permit me to tune
in on the Business Center program on video
games. A brief abstract would be greatly
The TA for ELBO continues to be very bullish. This
board has been one of the most
civilized of its
Happy days are here again for the longs.
So they came out with a good showing. I'm very
happy with the results. I think the gaming industry is
going to explode soon and they are in good position to
benefit. The funny thing is, I dumped etys at 56, zany at
12, and skds at 14 (all last year), but decided to
keep my elbo positions in spite of the slide. The
formers tanked awful, elbo was pulled down with them but
never approached their lows so I consider myself lucky
in that respect. Thanks for all your solid posts.
not just by earning 0.97 cents but how about they
more then doubled my shareholder equity from $48.8M to
Selected Consolidated Balance Sheet Data
Jan 29, Jan 30,
cash equivalents $88,356 $42,006
inventories 90,551 65,433
Total current assets 198,940
Total assets 275,513 172,047
liabilities 154,942 120,705
Total liabilities 159,026
Stockholders' equity 116,487 48,842
Gotta go, C/C time!!
Did you say the same thing with virtually every
internet company Ebay, Amazon, etc that are all spending
hundreds of million to establish a brand and losing money
at the same time. What do you expect them to set uop
a site and millions of customers just to show up.
It costs money to brand. If you own the stock you
should be happy that same store sales were up so much,
revenues increased almost 30% and you have a ridiculously
Looking forward, ELBO did $1.44 this year,
without the ad charges. With Playststion 2 this year,
instead of revenue jumping 27% like it did thisd year,
I;ll venture to say ELBO increases revenue by 30%,
especially with the 100-125 new store openings this yuear.
That compares to 87 store openings in 99. Based upon
30% growth, and no charges this year forward, 30%
comes out to $1.87. Give ELBO a conservative PE of 17,
and we get a price target of 32. With a matched PE of
21, during the Dreamcast launch last fall, a PE of 21
gets us to 39. So I'll be buying on any dips, you do
what you want .
I'm just frustrated with good companies that
throw away good money.
Sure, ecommerse is
important, and the way of the future, in some respects, but
it's frustrating to see it weigh down a wonderful
company. Spin it off, let it sink or swim on it's own
I have a considerable position (relative for me) in
this company, and one obviously puts their money to
work where they exzpect a dollar to increase the
fastest. I just don't like to see anything that may put
the breaks on.
Imagine how many stores 9
million could buy.