eLinear Inc fka ELU

[spencer_has_arrived]

Yea its not real popular but elinear is still under the radar even though they spent so much money in 05 on a p.r. campaign that backfired.I dont know if they will gt delisted but it isnt looking good right now.Slow steady leak in the pps will continue until they confirm our suspicions.

I have wrote and talked many times to different indiviuals at elinear and its usually the same thing over and over.They have a standard answer to most questions.But i became disenchanted with elinear in september of 05.I had talked to Brian Stanton through a email about all the insider trading and he assured me that earlier in the year it was PIPE related and that was over and that the insider trading would eventually stop but that lots of employees were buying and that even though management had sold alot they still owned much more.....well....you know the rest they really came out in the fall of that year and started dumping.I sold everything at about $1.25 or so and have waited for a buying signal but for me thats insiders buying and nothing else.

You are right eventually they will but the business model is taking WAY,WAY longer than i think they anticipated.Now they have to resubmit almost a whole year of paperwork and refigure revenue and all that stuff.We could see it go to or below a quarter.I will wait and buy then in hopes of a reversal.