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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: Ted The Technician who wrote (3005)7/16/2002 7:10:50 PM
From: pranadude  Read Replies (1) of 3076
 
Ted, you may be right about the options, but frankly, I have not the knowledge to properly evaluate the subject. What I can say is that ELON beat earnings by 33% today. This is not a small feat by any standard.

A huge short squeeze may soon be on as about 5 million shares are short, which may represent a huge percent of tradable shares when you subtract institutional ownership, employee shares and people like me who want to hold my shares for another 5 or 10 years.
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