I am bored with your constant assertions that this stock has been such a loser, and your intimations that you are such a sharp player, so here is a factual comparison of ELON against what you list as your favorite stocks, and the nasdaq.
From gold_tutors profile page
Favorite Stocks JDSU, QCOM, CNET, MENT,
Investment Style L/T B&H; + some wild hair speculation in large & small cap mining co's. Member 2003620
Echelon ipo’d on 31 July 1998, some 36 months ago.
The results of a 30 month comparison to your favorite stocks are as follows:
qcom +592.38%
elon +272.84%
ment +24.21%
cnet -62.63%
jdsu -22.38%
nasdaq -11.32%
siliconinvestor.com
The results of a 40 month comparison to your favorite stocks are as follows:
qcom +798.56%
elon +283.40%
ment +65.62%
cnet +28.84%
jdsu +26.08%
nasdaq +8.60%
siliconinvestor.com
In your case, comparison may be better spelled as comaprison...old_stupor, hahahaha.
Elon is currently up more than 300% from it’s low this year of $8.00, and at it’s ytd high of $32.00 it was up 400%. A savvy trader such as yourself could have booked a pretty profit. Did you advise your friends to sell because this “pos” was headed to zero, when in fact they could have made a bundle or at least repaired their positions by buying, instead of selling.
By your own admission, except for your beloved JDSU, (which btw has done far worse than elon), you missed out on profiting from the huge run up in tech stock prices from 1998 to 2000 because you were too busy with intense personal preparation for Y2K You probably think you are a genius now, but while you were busy stocking up your bomb shelter with canned dog biscuits so that you could survive the y2k meltdown, many many people got very very rich. Funny that as of May 2000, around the start of the bear market, a hot operator like yourself had become interested in tech stocks and you were involved in a networth catch-up mitigation, planning and execution Talk about being an astute investor huh...the perfect contrarian indicator, that is...LOL...you’re a joke and are more than funny...actually quite hysterical in my opinion...LOL
Message 13612883
Paranoid conspiracy theory loving gold bug survivalists often exist on the margins of society comfortably surrounding themselves and each other with their particular brand of cult doctrine or in many cases with extreme right wing ideology. How much do your friends who you’ve never met, really know about you. What's even more remarkable is how you can make disparaging remarks like in this post below, and yet a year later are pimping, preening and boasting about your friends on SI. Remember writing this?
Y'know, H, people like U who think making $$= making friends just slay me. And those who use SI as a Short Cut to finding friendship among monetary "equals" are obscenely delusional!!
Cyberfriends are around until the money is gone, whether we're talking their money or MY money.
Friends made outside the world of money are the friends I keep for life. Fortunately, I'm very rich in that regard as well as in my family life.
My true friends have all kinds of checkbook balances. And anyone who confuses using SI to make money with using SI to make "friends" needs to get a life!
Message 13736580
Judging by your past and recent posts to me, you seem to think that I am a member of ‘The Elite’ - nothing, absolutely nothing could be further from the truth, and I would appreciate it if you would refrain from such innuendo. Let me tell you something, I did not grow up in America, Land of the Free. I arrived here 15 yrs ago with a suitcase and an education, and through a combination of hard work and good luck have managed to make something of myself. I am more of an outsider than you could ever imagine. If you think that the oppression by Utilities here is a big deal and is going to lead to civil insurrection serious enough to topple the powers that be, then you really don’t have a clue as to what drives those kinds of movements. It sounds like you have no experience of what undue hardship and suffering of “The People” is really all about. The USA is far, yes, very far, from being perfect, but, power problems and all, as an immigrant I am proud to say God Bless America.
As to your contention that I don’t understand your arguments about 1) this being a finite game and 2) the locus of control, let me just say that you are seriously barking up the wrong tree..woof, woof. If ludicrous statements like...who is ELON going to sell to after the last home is metered and the last toaster is wired and the last factory or office building has been installed!!! are supposed to be convincing and the best you can do, you must have been practicing your skills on children. Kinda like telling Henry Ford that his product/concept is stupid because what’s going to happen when everyone on the planet has a car. Pray tell, gold_tutor, two things I’d really like to know, but am having a hard time finding the answers a) exactly when is the world going to stop spinning? and b) when will an alternative to electricity be found, commoditized and in daily use?
Ever hear the saying a penny saved is a few pennies earned. Do you really believe that the current power supply is optimally distributed and managed, that there are no operational inefficiencies to exploit and that the only way to get any “increase” is to bring more power online - are you naive, ignorant, simple or just finite-minded?
Lonworks is about spreading intelligence through the grid so that it can be more efficiently managed, whatever the network size, period. Although no-one has ever claimed that Echelon is about power generation you seem quite convinced that this is what the Co. is pretending to do or should be doing...where do you get this nonsense? You conveniently forget that Echelon is involved with a lot more than just Utilities. What about other applications in home networking, building automation, transportation and industrial markets. Scott McNealy talks of every device having a digital heartbeat, ever heard of Bob Metcalfe, inventor of Ethernet... you know Metcalfe’s Law, the part where he talks about networks growing in value by the square of the number of connected nodes. Tell me teacher, what’s going to happen when millions and millions of everyday devices using Lonworks join the Internet, and continue doing so on an ongoing basis....gimme a break, the word finite doesn’t even come into it.
In terms of product adoption Lonworks has a long long way to go, such a long way in fact that it may not ever make it although that’s not the way I’m betting. Paradoxically such low penetration makes it for me a compelling, but risky, investment. I see plenty potential growth ahead, infinite almost, given the possible applications. The only finite thing here is your argument.
As for the part about homeowners giving up control if systems such as Lonworks are used by Utilities...this is so absurd I’m not quite sure how to respond to it, and believe me that takes quite some doing. Last year in one of our conversations you revealed that this was about the only thing that interested you about this Co. You wrote I will not be the "old fogey" rejecting added convenience for an affordable price with recouped cost savings, i.e., utilities. We agree here. Message 13612883
What happened here...please, help me to understand your change of heart. Did you bang your head on your bomb shelter or are you just pissed off about JDSU. You are truly living in the dark ages if you are a tech investor and are unaware of the general movement towards intelligent, distributed, peer to peer networks and think that there will be no benefit to consumers if Utilities start using solutions such as Lonworks. I know how much you love the bafflegarb that I post so here’s a bit more. Two current news items, one from Friday and one from yesterday.
The New Power Company Urges Congress To Enact Measures To Ensure Viable Retail Energy Markets
PURCHASE, N.Y., Jul 27, 2001 (BUSINESS WIRE) -- The New Power Company(TM), a subsidiary of NewPower Holdings, Inc. (NYSE: NPW chart, msgs), the first national residential and small business energy provider, presented key testimony today before the U.S. House of Representatives Energy and Air Quality Subcommittee that outlined the benefits residential energy consumers can realize when they are able to choose a competitive provider, the need for uniform business rules across state lines and among utilities within a state, and the value of time-of-use metering.
The New Power Company, with over 700,000 residential and small commercial customers in 10 states, is a leading voice for energy restructuring, which shifts control of energy decisions, including pricing and usage, from the utility to the consumer. The Company believes that energy restructuring will lead to technological innovation, efficiency and environmental benefits.
NewPower's proposals, presented by Kathleen Magruder, NewPower's Vice President of Government Affairs, urged Congress to take prompt action to ensure that consumers have the right to have time-of-use meters installed in their homes and to pay for their electricity based on the data produced by those meters.
Most residential consumers have their energy use recorded on antiquated meters that fail to distinguish between peak and off-peak periods, Magruder explained. Currently, most utilities assume that each consumer is "average" and regardless of how much power a consumer uses when prices are high, that consumer is charged exactly the same as all of his neighbors, Magruder said. She added, that advanced meters record a consumer's usage at specified intervals during the day, providing consumers with the incentive to use less energy during peak periods. snip
siliconinvestor.com
and
The future of electricity: Charging by the hour
By JOHN McELHENNY
The Associated Press 7/28/01 1:27 PM
BOSTON (AP) -- Imagine a day when the click of a mouse could tell you that evening load in the washing machine is costing $5 in electricity, and show you the same load would cost just 50 cents if done mid-afternoon.
Sound futuristic? In fact, electric companies already have begun introducing "real-time pricing." And it could change the way people and businesses buy electricity in the same way telephone companies once introduced their own radical concept: charging less for calls after 5 p.m.
...snip...The idea is simple: If customers know when electricity costs the most, they'll be less likely to use it during times of peak demand. Instead, they'll turn on washing machines and vacuums at night or on weekends, when electricity costs the least....snip...That, in turn, will smooth the spikes of customer demand during peak-times that drive electricity prices skyward and force the operation of inefficient, higher-polluting power plants that run just a few times per year....snip...
In Washington, the first state to tie electric rates to time of day on a widespread basis,300,000 Puget Sound Energy customers began receiving bills in May that charged them the most for morning and evening use, and the least for overnights and Sundays.
The company hopes consumers will use more electricity during the off-peak hours if they see the money they could save.
Barbara Iafrate, who works at a software company in Seattle, Wash., said she now does laundry on Sunday, instead of Saturday, and recharges her cellular phone after 9 p.m., when the rate goes down.
Her monthly bill has fallen about $30 per month, Iafrate estimated, to $52 in June.
snip...Tim Young, who runs a plant in Hawkinsville, Ga., that makes automotive filter paper, says each morning he checks a Georgia Power Web site that tells him how much electricity will cost the following day.
Often, the projections show prices rising sharply between 5 and 9 p.m., when people return home from work and click on microwaves, computers and air conditioners, so Young runs his paper machine in the morning instead.
Young said the savings are substantial, though he's never calculated them exactly.
"I just pat myself on the back," he said. "It's a cost-avoidance."
Grant Ringel, Puget Sound Energy's spokesman, said now that real-time electricity demand and prices are available via the Internet, consumers can look forward to a day when technology allows appliances to follow the electricity market, turning on automatically when prices are lower, and in the process, saving the homeowner money.
messages.yahoo.com and messages.yahoo.com
These links were posted by thera52, a credible poster imo...I haven’t looked for the original links.
You seem to think that with Lonworks, Utilities can willy nilly just turn your power off whenever they feel like it...honestly, what are you smoking. Yup that’s it the adoption of Lonworks means that every law ever written pertaining to Utilities and their Customers can simply be thrown out the window. Are you mad?
Tell me, why do you write stuff like as spiral3 so eloquently said...he thinks metering puts control in the hands of the consumer when in effect it takes it away and puts it in the hands of the utility company, when a few posts earlier I have just explained that..>>When I said “by giving control to the end user” it was a shorthand way of saying “enabling customers to manage whatever tiny tidbit of their consumption that the Utility deems appropriate (ie financially sound), to let them manage....and...I was not suggesting that they have had a crisis of the soul and as penance have condemned themselves to benevolence, that they are somehow happily turning over complete control to their customers or that Lonworks even enables this...and...despite the fact that of the total savings achieved through the system only a small portion is passed on to the end user...<< You really are insulting the intelligence of those who read these boards if you think you can get away with garbage tactics like these. Tell me what part of my post don’t you understand or do you suffer from memory loss...a mental health issue which would be excusable.
Tell me one thing and one thing only gold_tutor.
Last year you lied about my posting history - besides wondering why you find it necessary to do this, I challenged you by saying that if you could find the posts you claimed I had made, then I would give you all of my shares in Echelon. As much as you hate the company/stock, you could just have flipped ‘em and retired. Why have you never responded to this generous offer? I’ll tell you why, because you are a liar - the proof being that you could not link the posts you said I’d made, because they simply do not exist.
Need a reminder...it’s all here:
your claim: Glad you have enjoyed S3's ELON posts, spread all over the map, GG, Voltaire's porch, ELON, RB, MF etc., ... Message 13735244
and my challenge in the “edit” section of my post:>>Find one post of mine on Voltaire?s Porch,RB or MF and I will give you all of my ELON shares.<<
Message 13735655
my offer still stands, and fyi I don’t play golf so you can quit gabblebarfing about that
To disagree about a company’s prospects is one thing, but your lies reveal more about you than anything else you say in your desperately convoluted and weird way. Stop trying so hard to discredit me, you are making an immense fool of yourself. I have made a tou complaint about you, my grounds being your outright lies and your rude comments.
Time for you to wake up, take your head out of your bunker, and free what’s left of your mind gold_tutor...it really is a terrible thing to waste, although you might easily be the exception that proves the rule...Games People Play...indeed! LMAO at you, in your face.
You have been exposed for the low-life fraud that you are and cannot escape the deceit you have perpetrated.
Dry yourself off, wipe that egg from your face and have the last word, I’m through with you for now. |
