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


To: $Mogul who wrote (2029)5/10/2000 6:01:00 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 3076
 
I don't usually engage in these types of arguments, because they are fruitless. But I'll be a hypocrite and do it anyway.

If you didn't care what I and others believed about your opinions, then why do you post? It's silly to express an opinion, then, when you are questioned about it, to say "I don't care what you think."

Here's what I interpreted from your post. If you are long (which you very well may be), then you just said:

"My stock went up 35% in one session on what I perceive as bad news, yet I didn't sell."

I guess I'm wondering if you thought it was such bad news (as the rest of the market apparently did not), then why not sell on this extraordinary opportunity?

You predict that the ENEL will pay in the mid $20s for ELON stock (which they very well may). Then why not sell at $42?

Like I said, these types of discussions amount to nothing in the end. Whether you or I own or are short ELON will be irrelevant tomorrow.

Good luck with your trading.



To: $Mogul who wrote (2029)5/10/2000 6:22:00 PM
From: shamsaee  Read Replies (4) | Respond to of 3076
 
I am long and you are more than welcome to check on this thread and GG thread.I am also a little concerned about the announcement.I don't like companies issuing new shares to customers of theirs.

It is financing and dilution of shares.There is no need to Issue those shares unless your cashflow has question marks.I read one of posts from a poster who had attended the annual meeting and he was very weary of the company as they sidestepped a lot of important issues in the Q&A.

Given the recent lesson we have all learnt,I prefer to do my own homework than listen to some company PR.I bought at 82 and looking at a huge loss and plan on holding but should I see wishy washy explanation on the deal from the management,
I am out.

Just because,I and others have questions on the deal,it does not make us the enemy as I am a shareholder like everyone else and have the right to question something that is not clear.