Echelon Corporation (ELON) Message Board

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Technology Stocks : Echelon Corporation (ELON)

ELON 21.88

+10.1%

Oct 6 5:00 PM EST

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To: jopawa who wrote (295)	10/8/1999 5:26:00 AM
From: unclewest	Read Replies (1) of 3076

hi john, i just found this thread. what a nice surprise seeing you here. i have been following elon for about 2 years. ever since csco ceo, john chambers, talked about elon at a conference. i agree with your assessment that cree's time is now. i have been sneaking a buy here and there on dips. i just posted this at the other threads... i saw the ceo of csco on cnbc this week talking about csco's plans to buy 20 more companies shortly. then i read this... >>Ms. Benjamin's speech, The Personal Network - How It Will Change Your Life, will present Cisco's vision of the Internet's impact at its full extension into everyday life. "The Internet is changing nearly every aspect of how people live," said Ms. Benjamin. "Together, Cisco and Echelon are harnessing the power of the Internet into everyday control devices to save time and reduce expenses for consumers and businesses alike." "We are pleased to welcome Robba Benjamin to our outstanding group of keynote speakers," said Ken Oshman, Echelon's president and chief executive officer. "We have been working with Cisco's Consumer Line of Business as a Cisco Networks? partner for some time now and share their vision of using LONWORKS© networks to extend the reach of the Internet into the invisible networks that touch our lives at home and at work."<< lonworks.com i see at the link, that the elon conference is only one week away...it is common for a company to release news going into a conference to create interest in the conference itself. i saw that happen yesterday with another of my picks cree. cree's conference is next week. a news release yesterday caused a big pop on volume. i bet it is the start of another great run for cree. check the chart. i expect elon to do something similar. i will add to my elon position today. then i will hold at least until csco identifies all 20 companies they are buying. double whammo! there is a lot to think about... csco ceo said 2 years ago that elon was the future. csco vp is keynote speaker next week at elon's conference. csco ceo says, this week, that are buying 20 companies. elon ceo is buying shares of elon on the open market. too many coincidences to be a coincidence imho. unclewest

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