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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?


To: William Peavey who wrote (834)1/19/2000 10:22:00 AM
From: William Peavey  Read Replies (2) | Respond to of 3076
 
People who want to dip a toe in this ELON torrent might consider a limit below 50. The action seems to be mirroring what it has often done recently popping up a little on or after the open, then backing off, (this might be the dip on which potential longs might take a partial position.) Then I expect we will see again see a rise into the upper fifties at least.

Remember that there is no overhead resistance above 54, implying that we could see another strong run here. I am brazenly soliciting your support here for a run to 61 today.(ggg)

I do have options which need to go before Friday evening. My selling them will not impair the rising stock price. I do thank you for your consideration.

Bill