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To: golfnut777 who wrote (3776)7/12/2001 2:40:32 PM
From: changedmyname  Respond to of 6873
 
The key to ELON is the huge contract that they have w/ Italy's ENEL to install their devices. While I don't remember off the top of my head, I think was north of $300 mil or so contract, with deployment being ramped each quarter. I think they expect very good earnings from this installment in the 4th quarter of this year, and continuing into next. Also ELON got a healthy cash injection due to ENEL buying a few million shares back when ELON was $40.

The numbers today won't mean much, it will hinge on what they say on the call re: the status of the ENEL deployment.

Hope that helps, as I am a former ELON shareholder from what seems like years ago (has it only been a little over a year?!?!)

Jason