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Pacific Sunwear of California Inc. Message Board

  • Pickle_007 Pickle_007 Jul 2, 1999 11:51 PM Flag

    OT on one of my new found favorites

    all about ELBO which is Electronic Boutique
    Holdings and here it is:

    P. S. I added quite a few
    more shares of ELBO (Electronic Boutique) today. ELBO
    is the largest electronic game retailer in the world
    with retail locations throughout the entire U. S.,
    Canada, Puerto Rico, Ireland, UK, now Sweden, Australia,
    Korea and I understand just moving into New Zealand.
    It's selling about 12 X earnings and was a $ 14 IPO on
    7/28/98 and at a close of 13 3/4, it's under water which
    I believe has caused folks, with the market
    exploding, to toss the towel in on ELBO and move on to what
    they think is greener pastures elsewhere. What is
    their obvious loss will become my gain. I invite you to
    visit the ELBO board, review the press releases, scroll
    through the posts and basically do your own DD. Don't
    blindly follow my lead. I think you will like what you
    read. ELBO has peaked during this past year at 25 3/4
    and was as low as the mid 6's shortly after their IPO
    last year. ELBO closed at 13 3/4, just 1/4 higher than
    the low for this week. I believe ELBO traded in the
    high 15's earlier this week.

    Pickle 007

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