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: McNabb Brothers who wrote (2915)	1/20/2002 10:08:26 PM
From: Roger A. Babb	of 3076

Hank, thanks for the invite to the ELON thread. I have been following it, but not posting in many months. As you know, my background is from the electric power industry, real power companies not the ENRON type. I have followed ELON and its products with great interest and can see many useful applications. I trade more often from the short side than long and was shorting ELON when it was over priced during the bubble. But ELON is not an Internet bubble stock, it is a real company with real products, strong technology, and a foothold in a new industry. Great to see that ELON has turned the corner with a profit this quarter. Very few companies can claim improving results for the previous quarter and those that do will be rewarded. Given the economic turnaround and increasing energy prices, ELON may be positioned for a strong future. As for the recession, that is yesterday's news. The recovery is already underway. I turned bullish after 9/11 and believe that 9/21 was the market bottom.

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