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: DD™ who started this subject	1/25/2002 12:23:12 PM
From: IngotWeTrust	Read Replies (1) of 3076

To whomever asked for my read on ELON a few days back. Sorry, I don't remember the name. My read? ELON has to do what every other mature company must do: manage assets, generate sales, keep shareholders happy. We are in a global recession. That should affect forward sales, thus revenues and earnings. It is a trading vehicle for me, and playing it from a TA perspective--writing calls, sometimes covered, mostly naked is a profitable game within its trading perameters. IF the global economy pulls out of its recession, and IF Enron, I mean ELON ... well, it's all full of if's to me. It is NOT a core holding and never will be. Too many other fish in the sea in sectors I do understand. Hope this answers your query. Sorry again I don't remember your name. g_t

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