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

To: A. Charles who wrote (3037)	3/4/2003 6:22:05 PM
From: akmike	Read Replies (1) \| Respond to of 3076

Hello ac, Is this another buying opportunity or the next stage of burning through (limited) cash? Surely, you jest. ELON has nearly 3.00/share in cash and generates positive free cash flow each quarter. This is not my understanding of "burning through cash". Core business is not yet growing and there has been no announcement of a second deal with a service provider, ample reasons, imo, for the stock price malaise. When those conditions change the upward price will resume.