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

To: William L. Oppenheim who wrote (2104)	5/15/2000 3:59:00 PM
From: Murrey Walker	Respond to of 3076

Wm...I would probably give you some incorrect information to your question. Gregory Mullineaux is probably one of the more knowledgeable. Do a people search and he answer your querry. Good luck!

To: William L. Oppenheim who wrote (2104)	5/17/2000 4:20:00 AM
From: Garth Richmond	Read Replies (2) \| Respond to of 3076

Echelon makes its money from selling proprietary electronic components (mainly neuron chips and transceivers), and hardware (LON adapters, and now the iLON, if it sells well) and from licensing their software (Lon Manager and LNS). LNS also requires a small fee be paid to Echelon for each neuron chip installed. With total revenues of $11M per quarter, they are currently trading at over 50X sales! Pretty expensive, IMO, considering their annual growth rate is about 30%. Garth.