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: Boplicity who wrote (2271)	6/6/2000 12:13:00 PM
From: ahhaha	Read Replies (1) of 3076

In 3 minutes the stock was at 64 all on small trades. You're buying into public speculation, but given what you said below you must be willing to pay up because of fundamental conviction. You don't want it to escape. This is right strategy in a primary bull move when sentiment is stubbornly bearish. Now it took 4 days of short covering to convert the amateurs from very bearish to bullish. It's easy to get on board as you have implied below. right now I'm not impressed with the action in ELON, while others are going higher breaking out, ELON is mulling around. ELON appears on it's way at least up the 70, I added today, I have the remaining third to add once it breaks out above 70 to complete the handle.

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