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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: McNabb Brothers who wrote (2913)1/18/2002 11:20:43 AM
From: John Madarasz  Read Replies (2) of 3076
 
that gap is from 20 YEARS ago...on an index...no comparison in my opinion to a BIG relative gap from 3 years ago on a small cap tech stock headed into a deepening recession with corporate and consumer debt at all time record levels since WWII

1981 was the beginning of the last bull market for equities also...absolutely no comparison to the here and now in my opinion, regardless of how bright ELON's future may be

again, no doubts the gap will fill...see you there. Given the recent report, I think $5.50 would be a great place to buy with 10% stops for a buy and hold

Best,

JM
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