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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: Mark Fleming who wrote (429)12/1/1999 2:41:00 PM
From: avanti77  Read Replies (1) of 3076
 
<Doubled up to 20,000 shares first thing this morning. After reading about the demonstration ELON made yesterday, I thought the stock would trade up today. I'm surprised it's not. Any ideas as to why?>

Having watched ELON for a long time, my idea is that it has had a habit of running up prior to news, and then a brief sell-off on the news. I think those days will soon be over, as I agree with Manx and others that this is a visionary company. It also doesn't hurt that it has all the right connections. FWIW, I loaded up on some more today. I think there's lots of upside, and this price will look very cheap a few months from now.
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