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: shamsaee who wrote (2034)	5/15/2000 2:37:00 PM
From: tuck	Read Replies (1) of 3076

shamsaee, Another aspect of this ENEL-related dilution that is positive: it helps ELON transition from being a "retail puke stock" (as I have seen it characterized) to being one institutions can get into. The reason institutional interest has been slow to build is that the float is too low. Let's check the 13Fs again in another three months. I'll bet the upward trend in institutional ownership will continue. Chances are there are some restrictions on ENEL's ability to sell its shares. I will be looking for the filings. Cheers, Tuck

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