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

To: William Peavey who wrote (837)	1/19/2000 12:29:00 PM
From: Ginko	Respond to of 3076

Bill - Do you know the date / time for quarterly results? TIA Regards Tom

To: William Peavey who wrote (837)	1/19/2000 1:03:00 PM
From: Boplicity	Respond to of 3076

Bill, I little TA for your enjoyment. I little base action today would be just what the Dr. order, even a little drop, would be good, that would draw in the shorts, who will add fuel to the fire once they realize the they made a mistake going short. Nothing more bullish then a stock opening down or unchanged for most of the day while investors scope out the action, only to see that they better buy or cover before the close or it will be too late, causing the stock to close strong. Greg Poet--> Now doesn't sound nice and logical? <g>

To: William Peavey who wrote (837)	1/19/2000 1:35:00 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 3076

Hi, Bill, just your old friend and options player here talkin' at you for a few. 1) Your lush option premiums could be deteriorating as soon as close of business today as market makers in ELON start to shake the trees to cut their exposure to the naked longs calls like yourself and their ability to come up with the stock and take the bite in their asspocketbook for being wrong way in this stock before Friday. 2) Second, these same mm/specialist/pro-floor traders are the WRITERS of those calls and need ELON to go down before friday to make some on the short side in order to reduce the wallet nick mentioned above. 3) bulls and bears eat, but pigs in the market get slaughtered. 4) go see your banker and give notice to convert options into stock and chillout at pretty low net cost. Then GET INTO THE "WRITE THE CALLS" option game and clip steady paychecks, postponing the tax bite because you own the stock instead of just clipping the cash. 5) RE: institutional investors you are hoping will drive your stock higher? DON'T COUNT ON IT!!!! INSTITUTIONAL INVESTORS get THEIR shares in big fat block chunks from that fat 47% held by insiders statistic/source quoted here over the weekend by somebody...AND *at verrrrrrrrrrrrrrrrry favorable prices.* Translation? It won't drive up ELON's prices at all because they aren't dumb and don't "pay up" for any stock in their portfolio, even gooders like ELON...they simply don't have to. 7)ALLLLWAYS SELL OPTIONS INTO STRENGTH...inotherwords, sell it to'em when they want'em...you don't have any volatility or time premium left in them, you are so deep in the money on those 28 options...you're only trading dollar for dollar, and NO BODY...not even me, EEEEVER gets THEEEEE top buck in a deal...b/c we aren't on the floor where all the haggling is going on, ok? Discipline is what profitable OPTION trading is all about. Look at it this way my friend, you don't have to pay Soc Security on these fat option profits when you log them! And furthermore, you have 11.5 months to work out of your "tax problem" anyhow...<vvbg> Besides, depending upon your quarterly filing status as a member of the "nuevo richo", you are going to skew your qtrly filing amount higher anyhow, simply because of this windfall. Your entire year is going to be extrapolated by the results of this first quarter, and you'll have to wait till filing in 2001 for the tax year 2000 to get any of it back...so you're going to have to get into your tax pocket/cash stash anyhow... If you don't understand the tax implications I've just laid out for you, on this quarterly deal, get ahold of your tax person pronto and get wised up, ok, cyber buddy? CONGRATULATIONS on finding a fat hog, Bill. Now it's Wednesday, TAKE THAT DAMN PORKER TO MARKET AND DON'T LOOK BACK! O/49r