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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: elpolvo who wrote (44544)	11/29/2001 12:25:28 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 65232

Market Report -- In Play (ELON, EPS) November 29, 2001 09:20:00 AM ET Hi, polvie...O/49r here...hope you and clappy have "divested" yourselves of yon ELON... FAIR USE DOCTRINE, etc. Echelon Corp. (ELON) 16.40: Prudential downgrades to SELL from Hold, as slowing implementation of key Enel contract clouds EPS visibility, delay's reaching product "critical mass." Lowers FY01 est to $0.15 from $0.17 and FY02 est to $0.46 from $0.60. Shares expensive at 36x 2002 earnings with no clear path for accelerated 2003 growth, further EPS revisions possible. Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants. When, gang was the last time you actually read the word "SELL" in a brokerage utterance p/release? WHEW! Write those protective calls, gang...let'em have your shares and buy lower... 36x 2002 eps ESTIMATES??? good gawd... I think this is a bearish forecast...what do you think? eoni.com O/49r