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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: P.E. Allen who wrote (19)1/11/1999 10:40:00 AM
From: William Peavey  Read Replies (1) of 3076
 
NASDAQ is up in record territory again. I got my wish. Trading as high as 19 this morning, ELON presently showing 15 1/2. As I commented earlier, this price range will induce more visibility in the financial press. And were it not for the relative thin float, might make the shares more attractive to institutional investors.

I'll just have to be satisfied with my meager 440% paper profit in little over a month. Irrational exuberance is finally starting to mean something to me.

Bill Peavey
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