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Technology Stocks : Itron (ITRI) - wireless utility meter reading
ITRI 95.09-1.4%Dec 29 3:59 PM EST

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To: Daniel Johnson who wrote (187)4/22/1998 2:56:00 PM
From: Daniel Johnson  Read Replies (1) of 202
 
Itron conference call indicated that trend in California is towards load profiling, rather than hourly metering. This means that utilities will be selecting low-cost approach, such as mobile AMR, over fixed networks for metering. Since Cellnet has put everything into fixed-network (which in CA is too costly to justify with load-profiling), and with Cellnet priced pretty high, I sold some CNDS shares short.
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