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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: Jeffry K. Smith who wrote (1869)4/20/2000 5:45:00 PM
From: IngotWeTrust  Read Replies (2) of 3076
 
One would have to be deaf dumb and blind to not see they are moving in the "right direction."

BUT
like I told you in eMail...the P/E on this stock is horrrrrrrrrrendous...ELON makes widgets, which they are currently basically giving away to gain saturation so they can claim "standard" status.

I don't care that they are "special" iLONwidgets, they're still widgets just the same. And widget makers don't justify these blue sky margins outright suggested by the current PE in this stock, I don't care how much they are on the 'come.'
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