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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: interesting man who wrote (3026)9/24/2002 10:36:34 PM
From: Ted The Technician  Read Replies (2) of 3076
 
Mo, I don't remember that prediction; however, a $5 price is possible in today's environment. There are many high tech companies trading at book value, and ELON's book value is between $2 and $3. The fundamentals and chart patterns are both negative for this stock right now.
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