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


To: pranadude who wrote (3009)7/17/2002 8:10:13 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 3076
 
>>With a new utility deal to happen in the next 6 to 9 months,<<

Did they mention the above in their CC? Or is this just speculation? Thanks!

Hank



To: pranadude who wrote (3009)7/19/2002 1:31:21 AM
From: Ted The Technician  Read Replies (1) | Respond to of 3076
 
Pranadude, I was hoping that you'll tell me when you sell so that I can place more shorts! That 18-21 range is about where I see it too. ELON mentioned that they are hoping to get another major customer by December of this year. With FASB dragging its feet on the options issue - i.e., redefine how options should be handled by next year, and have it implemented by 2004, the options issue might not "affect" ELON. It will still have an eventual depressing effect though, as one would wonder after a while why stockholder equity does not appreciate much despite the apparent positive earnings announcements.