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


To: Roger A. Babb who wrote (1557)3/20/2000 11:43:00 PM
From: FatSam  Respond to of 3076
 
OT - Roger - I have enjoyed your posts on and am impressed by your knowledge of the electrical power industry. I am posting a link to a Gilder Group web site below. Of particular interest is the free initial report that is available for downloading there. I took a long position in the stock recommended - AMSC - and made a nice short term profit during the superconductor hype. Right now I have no position at all but the concept still is nonetheless intriguing. If you, or anyone else on the thread, have any thoughts I would be most interested. There is an AMSC thread on SI but it is fairly inactive. Sorry to introduce an OT post but I thought that you and others might find this whole subject of interest as well. Regards. - FS

powercosm.com



To: Roger A. Babb who wrote (1557)3/21/2000 3:40:00 AM
From: bigg e  Read Replies (1) | Respond to of 3076
 
Roger...agreed it looked as though ELON got swept into the NASD momentum. The bubble needed some air let out and everything was setup perfectly for the Clinton/Blair catalyst with the Genomics. Once they started the cascade it dominoed into the majority of sectors. The Dow/NASD divergence, the value outflow, margin running rampant, Taiwan etc, etc. Sorry you missed out on the nice gain and we honestly may still have some downside here, but this is a tough short . Too many reputable folks involved with this company and some real potential for exponential growth. What I'm hearing is the NASD should test the 4200-4300 range which is still a pretty substantial downside. I'm guessing ELON trades down on weak volume into the 82-85 range before any significant move up. Could see even more weakness depending on where the margin players sit, but this should be temporary. Short term looks very choppy, long term, not a problem.