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


To: Guy who wrote (2163)5/19/2000 7:58:00 AM
From: AnnaInVA  Respond to of 3076
 
Part of this announcement stated:

>>Enel will also purchase 3 million shares of **newly issued** Echelon common stock. <<

Wouldn't that also be dilutive in general ?

Also,if Enel still wants ELON shares, it would just have to pay more or get less shares for the set amount it wants to spend.

I am so confused ......