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


To: Boplicity who wrote (1371)3/14/2000 11:00:00 AM
From: stomper  Read Replies (1) | Respond to of 3076
 
Definitely. Unfortunately this is a real daytrader's favorite with the intraday swings. Oh well, hope we can hold 102.

-dave



To: Boplicity who wrote (1371)3/14/2000 11:06:00 AM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 3076
 
Ger, I have been watching this stock as something I may get into after expiry on Friday - and noticed you have been with it for a while. Now I am disheartened by todays move (so far) and wonder 2 things - what caused it and will it continue?

The prospects seem fantastic but I know better than to chase a stock. I hope I can get in!

Thanks,
Jeff Smith



To: Boplicity who wrote (1371)3/14/2000 11:27:00 AM
From: Matrix_Man  Read Replies (1) | Respond to of 3076
 
Agreed Greg. Only stating the obvious, I guess.

However, The bull pennant which ELON has formed usually forms for good reasons which are beyond the control of any individual market participants. That is not to say it cannot be influenced, just that those influences shape the outcome, good or bad. I saw this formation in CREE, I saw it in GMST, and an 8 month version in RMBS. And, I don't think you can "use up buyers." If the company performs and generates earnings, and the stock performs, the buyers will come.