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


To: pranadude who wrote (2996)7/14/2002 2:19:29 PM
From: Ted The Technician  Read Replies (1) | Respond to of 3076
 
Pranadude, looks like you're in the black so far with that trade. Can't wait for the conference call - either it received the cash, it decided to finance it as in the past to meet the numbers, or it just didn't meet its numbers.

Meanwhile, Coke just announced that it will expense its options to give us investors a truer picture of the company's finances. "It's been a loophole in the accounting rules for years and I just think the time now is right to step up to the plate and fix it." biz.yahoo.com

The impact to Coke will be only a penny of earnings per share.
ELON's option expense is about $0.14/share per quarter based on last year's expenses. If options must be expensed, either ELON's employees will no longer receive the lucrative options or the shareholders will take the hit.



To: pranadude who wrote (2996)7/14/2002 3:33:44 PM
From: Ted The Technician  Read Replies (2) | Respond to of 3076
 
Pranadude, what were your primary reasons for buying at 11.40? I noticed the chart strength in the $12-$13 range.