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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: Stcgg who wrote (1875)4/21/2000 12:07:00 AM
From: IngotWeTrust  Read Replies (1) of 3076
 
Good Evening, with all due respect, these same arguments were made to justify a move from $17 to $113 with some folks talking about it shooting to $500 per share, sooner rather than later.

As I consider what you have stated, I do NOT see that you have stated anything in this post that wasn't known several weeks ago, or at least suspected by "insiders" at $17 and you are now re-peating tonight.

Making widgets is NOT a high margin business. If it was, they would NOT be basically giving them away in order to try to gain standard satuaration...a risky strategy that could pay off.

I'm sorry, but I just don't see your re-iterations justifying a $38 price tag on this earnings/options expiry day.

This is just being buffeted around by traders instead of building a solid foundation, and is primarily being "permitted" simply because of its thin float and heavy inside ownership, both which could change in a financial "heartbeat."

While I'd like to see basically honest people be right, it is simply too early to tell where ELON is going.

We here in America are the biggest consumer market in the world and yet the rollout is in primarily in Europe because of "electrical rates being higher there?" Something just doesn't wash here.

These are just my thoughts. They are worth something only to me.

Have a good weekend.
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