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Although the Q3 report was outstanding for ELGX, you just can't expect much upside when you have a general stock market that is in the process of a significant correction. One chatboarder here pointed out what he preceived to be negatives in that report and I strongly disagree. ELGX is doing all the right things - - - and that includes the pace of R & D, marketing and administrative issues etc. When a company is at this point in its life and is experiencing extreme high growth, you have to push the acelerator to the floor board. In time, we shareholders we be highly rewarded for the initiatives the company is now taking. Hang on folks, this is going to be a real winner but you are going to need some patience to get through the occasional rough spots.
Cheers and good investing, Retiredtechie/RT Sentiment : Strong Buy Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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RT: The General Market Tone Is Killing Us Here Too
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retiredtech... | Not rated | 28-Oct-09 01:04 pm | ||
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Agreed, if there was anything weak it was US sales...
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bigjake1932 | Rate it | 28-Oct-09 03:05 pm | ||
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I agree RT. Tough to watch the drop here after lis...
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foresightki... | Rate it | 28-Oct-09 03:11 pm | ||
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ELGX went from bullish to bearish sentiment s...
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tlcjam1 | Rate it | 28-Oct-09 03:51 pm | ||
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I think some patience will be well rewar...
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weichselbau... | Rate it | 28-Oct-09 04:46 pm | ||
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The company's sales are slowing because the only i...
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dbob56 | Rate it | 28-Oct-09 05:50 pm |
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