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Technology Stocks : Elastic Networks: ELAS (Nasdaq) ELAS -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (68)10/12/2000 10:54:56 PM
From: teevee  Read Replies (2) | Respond to of 173
 
Condor,

Maybe this is THE bottom of it.

LOL...I can just about guarantee it isn't. Thats because I bought some ELAS today at $8.00:-))

In all seriousness, the action yesterday and today looked like margin calls hitting the ELAS market.

Elastics products give you cable speed over twisted copper wire pairs. Demand for this will increase as personal communication biases towards data, and away from voice - like this e-exchange with you, for example. Also, there is room in the market for twisted pair, fiber and wireless. In fact, offering cost effective network solutions at "fiber" speeds, on twisted pair infrastructure is a huge business opportunity, and twisted pair actually has advantages.

regards,
teevee