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: Bridge Player who wrote (2940)	1/28/2002 5:26:25 PM
From: John Madarasz	Read Replies (1) of 3076

no, i still think that gap will fill. fwiw the stock did close above that major D/T line on the weekly chart, so i would guess that any pull backs will use that line as support now. I was just having a little fun, and I'm all for ELON longs locking in some great profits. I think the stock is under distribution now, so depending on how exuberant buyers get, it's really tough to say how high things could go here. it will be interesting to read the filings. That will tell alot about where the revenues are coming from etc.etc., again, I think this company has a great product, and a great niche, and my outlook and price targets are all loong term. I think there is every chance in the world the price of the stock will be back in the $4-6 range sometime in the next 18 months. Message 16965555 Best Regards, John M

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