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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: Lone Star who wrote (1212)2/28/2000 9:06:00 PM
From: William Peavey  Read Replies (1) of 3076
 
Well phrased, Tex. 1200 messages here to 25,000 on Yahoo. That wears me out.

Confidentially, can I say that on a message board?, I was expecting a run similar to this in January the week of earnings and options expiration. Something on the order of an F-15 hard back on the stick that would do a hammer-head stall and fall back to earth, and I had the options in place to take full advantage of it. Well, today I was able to accomplish the same thing but in a second segment. I had planned to sell out at 105, but looking at the feeding frenzy today, 125 or even higher this week wouldn't surprise me. Watching my little ELON portfolio increase by more than a year's income just today, took my breath away.

People who refuse to study the story underlying Echelon, instead looking at piddly-ass chart gaps to exploit, will be disappointed. We are not there yet.

Today I was proud to be associated with a stock that almost singlehandedly pulled the Nasdaq out of its funk and into a near positive close. (ggg)

Bill
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