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


To: thebeach who wrote (2350)6/19/2000 10:41:00 PM
From: John Madarasz  Respond to of 3076
 
I include herein Ken Oshman's words from his letter accompanying the 10-Q I just received:

While not part of the activities of the first quarter, I could not close this letter without mentioning our recent announcement with Enel SpA, the largest publicly traded electric utility worldwide....Enel would provide digital electricity meters and a complete home networking infrastructure to over 27 million Italian households over a three-year period....This is a very important event for Echelon and for the entire LonWorks industry. A definitive agreement with Enel would provide the largest network infrastructure in the world for networking everyday devices -- in every home and building in Italy that has an electric meter. With that network infrastructure in place, we would expect a dramatic rate of growth of the market of intelligent LonWorks enabled devices and home appliances. We also expect this project to be a catalyst for the adoption of LONWorks networks among device manufacturers and utilities around the world.

Message 13907225

this gal is good:

Message 13907075



To: thebeach who wrote (2350)6/20/2000 9:58:00 AM
From: IngotWeTrust  Read Replies (2) | Respond to of 3076
 
Howcum nobody's talking about the "change" in the way mgmt handled this last week's option expiry.

Won't anyone step up to the plate and admit they got burned buying calls and watching the premiums evaporate?

Sounds like they got a new coach in this weisberg or whoever the new "covering analyst house's" name is"

wasn't it stcgg that tried to warn SI ELONers that the game had changed with these dudes on board? Sounds like that brokerage = party poopers to the short-term retail trader money sloshing around on this thread. hmmmm

Will be interesting to see if Jenna can pull off her anticipated ELON swing trade predicted earlier...opps, guess that would mean more short-term trader money sloshing...

oh well...
O/49r