Echelon Corp. (ELON)

[TheFinalCD]

Adesto Announces Agreement to Acquire Echelon

https://finance.yahoo.com/news/adesto-announces-agreement-acquire-echelon-110000079.html

[steeledge]

2018 should be a interesting year for ELON, with smart cities, AI, and IIoT being 3 distinct themes that ELON happens to participate in

[Triple nickle]

Finally hitting the follow button but been in for 2 1/2 years my set it and forget it baby.
I'm like it to north of 6.00 imho glty

[dndodd]

From the 10Q

The trading price of our stock may be adversely affected if the announced exploration of financial strategies and strategic alternatives does not result in a transaction or results in a transaction different from what the market may be expecting. In addition, this process may have an adverse impact on our business operations and, therefore, on our operating results or financial outlook.

On August 6, 2015, we announced that our Board of Directors has authorized its strategic committee of independent directors to identify, evaluate and pursue the feasibility and relative merits of various financial strategies. The Strategic Committee plans to consider a wide range of available options, including, among other things, partnerships, strategic business model alternatives, recapitalization, disposition of one or more corporate assets, or a possible business combination or sale of Echelon, in addition to continued pursuit of Echelon as a stand-alone entity. Echelon has engaged Goldman Sachs & Co. as its financial advisor in support of these activities.

There are various risks and uncertainties that this process may cause, such as:

• distracting management from the day-to-day operations of the business, which may adversely affect our operations;

• consuming time and resources from our normal business operations, which may result in missing or not executing on near or long-term business opportunities; and

• creating perceived uncertainties as to our future direction, which may result in increased difficulties and expense in recruiting and retaining employees, particularly senior management, and may impact our relationships with customers and vendors.

In addition, if our exploration of strategic alternatives does not result in a transaction or, alternatively, results in a transaction different than what the market expects, it is likely that the trading price of our stock will be adversely affected. Any of these risks or uncertainties could adversely affect the Company’s business, financial condition, results of operations or cash flows. There can be no assurance that the Board of Directors’ exploration of strategic alternatives will result in the entering or consummation of any transaction or any change in the Company’s overall structure or its business model, or that any transaction or change will enhance shareholder value. Any transaction that is ultimately completed may not deliver the anticipated benefits or enhance shareholder value.

[dndodd]

Per IR on 11/5 the SR with GS is still on going.

[TyTrades]

Trading nicely...volume is picking up

[dndodd]

Yep I don't think it would take much good news to get this stock up significantly.

[TyTrades]

Looks like earnings announcement is expected to be positive by the looks of trading so far...no one is selling and L2 is thinning out nicely IMO

[TyTrades]

Agreed. I picked some up last week...

Looks like the bottom is in and she's ready to make a run back over $1

[dndodd]

Nice day again today.

[dndodd]

Nice volume today not many sellers left.

Maybe we will see a resolution to the SR soon.

[dndodd]

These seems totally undervalued selling for less than cash and no debt.

IOT play which should be big in the next bull cycle.

A reverse split.

Didn't I read some where that they where doing a strategic review with Goldman Sachs?

[Nicademus]

Not much action here on ihub lol. I'm starting a swing position here and expect volume to begin to rise in the next week or so as we begin to turn the chart back north.

[davd]

Nice move.

[reasondeep]

Not to mention I like that it's been quiet here for a few months. Like undisturbed snow.

[reasondeep]

Interesting company and dig the recent volume burst [without a huge messy candle, indicating still being accumulated]. Consolidation looks quite healthy and composed as well. This is a chart I will be observing closely, seems like a no brainer IMO, especially for a position trader.

[youngst3r1]

Beautiful Pinch

[MissionIR]

ELON Technical Analysis for Friday, April 27, 2012

Four straight up days appears to solidify the idea that a bottom has been established after a long-term downtrend. The indicators are showing a solid shift in trend and momentum which has the chart looking to test the 50 day moving average as resistance around $4.65. Bottom support is intact at $4.15.

To view the video chart, visit the following link: http://www.missionir.com/videos.html

[Penny Roger$]

~ Thurs-Fri $ELON ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ELON ~ Earnings expected on Friday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ELON&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ELON&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ELON
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ELON#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ELON+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ELON
Finviz: http://finviz.com/quote.ashx?t=ELON
~ BusyStock: http://busystock.com/i.php?s=ELON&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ELON >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[alien42]

ELON hit the 52 week volume scan, -19% Friday to lowest PPS in almost 3 years.

not a bad 3Q except this - "Subsequent to the end of the third quarter, Duke Energy cancelled its $14.5 million order with Echelon for Edge Control Nodes, previously announced in September 2010."

[janeyH]

anyone home ... ?

[alfaspider]

Suspect they will sell it like they did with ROLM...

PEIX hope for $1.00 by June 26th....

This is a dead zone here on iHub....
Want to play checkers to pass the time???

---------

AXST is a pink, that may have a nice return -- if....

Some insider buys last November- but reorganizing after 2009 collapse...

[janeyH]

thanks for the links and the warning. i took half off the table after earnings. keeping half for the long term and will likely buy on any major dips. I think the Sege era is in full swing - couple of years i bet this things sells for 30+.

[alfaspider]

janeyH................................

Go to the Yahoo ELON board for life in the trenches..

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_E/threadview?m=tm&bn=5996&tid=177185&mid=177185&tof=30&frt=2

Scion5 and elonverylong are prolific pumpers... and ELON will take off when DUKE signs major contracts. Until then.. remember...

The O in ROLM- stood for OSHMAN- who sold it to IBM ........


PEIX PEIX PEIX PEIX....

You got in at a good time........ Lets see by June if it hits..

[janeyH]

the best stocks have the quietest boards - too bad - this is still rolling

[janeyH]

oh, baby, this is best dang earnings season evver.

[janeyH]

oh man, this thing is gonna 'splode' tomorrow. who is with me?

[janeyH]

why no posting here ... this baby is running with quite a bit of room ahead of it ...

[alfaspider]

ABTG and ELON both down...

[alien42]

ELON, smart grid tech

similar to ABTG

[stockdawg44]

ELON yes, poised here for a run imo.

earnings next week.....
accumulation
covering shorts
held up and closed strong 13.02 barely hard to 13.22, big fat green bar was nice..............glta

[frenchee]

Echelon showing signs neg "mo" starting to turn. Watch for ADX to turn down and a decisive close > 5-day EMA for a good short-term buy signal...

[frenchee]

ELON just broke thru key resistance on the daily chart in the iBox. Looks like next target is the downtrend line.

[frenchee]

Echelon Corporation Reports 2007 Fourth Quarter, Full Year Results


SAN JOSE, Calif.--(BUSINESS WIRE)--February 07, 2008-- Echelon Corporation (NASDAQ:ELON) today announced financial results for the fourth quarter and year ended December 31, 2007. "Entering 2007 we set a target of reaching non-GAAP profitability in Q4. I am pleased to report today that we met our goal, not only on a non-GAAP basis, but also on a GAAP basis. Fully diluted GAAP earnings per share were $0.03 and non-GAAP earnings per share were $0.09," said Ken Oshman, Echelon's chairman and CEO. "We achieved this important goal by recording significant sales of our NES products and by keeping a close watch on product costs. The result has been both higher gross profit and higher margins than we projected going into the year."

For the quarter ended December 31, 2007, revenues were $46.9 million compared to revenue of $13.9 million for the same period in 2006. Echelon's revenues for the fourth quarter of 2007 were comprised of $27.7 million from our Networked Energy Services (NES) product line, $13.1 million from our LonWorks(R) infrastructure product line, and $6.1 million from the Enel project. Revenues for the quarter ended December 31, 2006 were comprised of $93,000 from our NES product line and $13.8 million from our LonWorks infrastructure product line. The GAAP net profit for the quarter was $1.4 million, or $0.03 cents per fully diluted share, compared to a GAAP net loss of $6.5 million, or $0.17 cents per share for the fourth quarter of 2006. Gross margin for the quarter was 41.0% compared to 58.6% for the same period in 2006. Total operating expenses were $19.0 million compared to $15.9 million for the same period in 2006.

For the year ended December 31, 2007 revenues were $137.6 million compared to revenues of $57.3 million for the year ended December 31, 2006. Full year 2007 revenue consisted of $70.6 million from products and services sold to our NES customers, $52.8 million from sales of our LonWorks infrastructure products and services, and $14.2 million related to the Enel project. These amounts compare to 2006 totals of $791,000 from products and services sold to our NES customers, $49.4 million from our LonWorks infrastructure sales, and $7.1 million related to the Enel project.

The GAAP net loss for the year was $14.5 million, or $0.36 cents per share compared to a net loss of $24.4 million, or $0.62 cents per share for the prior year. Gross margin for the year was 36.5% compared to 58.2% for the prior year. Total operating expenses were $70.0 million, compared to $63.2 million for the prior year.

Excluding stock-based compensation expenses, the non-GAAP net profit for the quarter was $4.0 million, or $0.09 cents per fully diluted share, compared to a non-GAAP net loss of $5.3 million, or $0.13 cents per share for the same period in 2006. For the year, the non-GAAP net loss was $7.9 million, or $0.20 cents per share, compared to a non-GAAP net loss of $19.5 million, or $0.49 cents per share for the same period in 2006. All non-GAAP information in this release is reconciled in the "Reconciliation of Non-GAAP to GAAP Results" table below.

Mr. Oshman continued, "Energy continues to be a force worldwide, driving growth and excitement in our markets. As we exit 2007 and enter 2008, this momentum is reflected in the success of our NES advanced metering infrastructure products, where we recently announced that we have launched our first project with a major North American utility and that we have now shipped over one million smart meters worldwide, all built on the same core electronics, firmware, and networking platform. Each achievement marks an important milestone for Echelon and, we believe, for the emerging advanced metering industry.

"In our LonWorks infrastructure product line, while we saw mostly flat to negative growth among our traditional OEMs in the controls industry this past year, we saw some exciting growth in customers focused on energy savings and demand response. While this growth was not enough to overcome the shortfalls from the traditional controls customers, we believe it is a healthy sign and reflects the same trend we see in the NES market where energy concerns are driving growth."

"As consumers, businesses, and governments become increasingly concerned with and engaged in managing energy costs and reducing carbon emissions, we see both our LonWorks infrastructure and NES product lines benefiting. As we move towards a truly smart electricity grid, where pricing and other information available through the NES system is linked with LonWorks networks in homes and buildings, businesses and consumers will be able to control their energy consumption and provide levels of demand response far beyond what has been done up until now. We have spent the last two decades building the products, partnerships, and expertise needed to deliver the smart grid -- and we are excited to be at the center of this market."

Information about news and events from the fourth quarter can be found at http://www.echelon.com/company/press/.

Echelon will be holding an analyst call on February 7th, 2008 at 11:00 am PT (1:00 pm Central/2:00 pm Eastern). Analysts and other interested parties may listen in on the call via live webcast at http://www.echelon.com or access the call at 800-414-9222 (callers outside the US please use [phone]). Due to a limited number of available phone lines, the company asks that only those persons without web access use this number. The call will be available live today, and for playback on the Investor Relations section of Echelon's web site (www.echelon.com) through the end of February.


Business Outlook
The following statements are based on the company's current expectations. These statements are forward-looking, and actual results may differ materially. Please see the Risk Factors of Forward Looking Statements at the end of this release for a description of certain important risk factors that could cause actual results to differ.

Echelon management offers the following guidance for the quarter ending March 31, 2008 and the full year ending December 31, 2008. All non-GAAP estimates exclude the impact of any stock-based compensation charges.


-- For the quarter, revenue is expected to be approximately $32.5
million. We expect NES revenues to be approximately $18.0
million, LonWorks infrastructure revenues to be approximately
$13.5 million, and Enel project revenues to be approximately
$1.0 million.

-- For the full year, we expect revenue will be approximately
$178.0 million. We expect NES revenues to be approximately
$110.0 million, LonWorks infrastructure revenues to be
approximately $58.0 million, and Enel project revenues to be
approximately $10.0 million.

-- For the quarter, non-GAAP gross margin, which excludes any
stock-based compensation expense, is expected to be
approximately 37.7%. For the full year, non-GAAP gross margin
is expected to be approximately 40.7%.

-- For the quarter, non-GAAP operating expenses, which exclude
any stock-based compensation charges, are expected to be
approximately $17.5 million. For the full year, we expect
non-GAAP operating expenses will be approximately $69.0
million.

-- For the quarter, we expect stock-based compensation expenses
associated with stock options and other equity compensation
awards to be approximately $2.8 million. For the full year, we
expect stock-based compensation expenses to be approximately
$13.0 million. This estimate could change based on the size
and timing of options actually granted by the Compensation
Committee, as well as other factors we will use in valuing
future option grants, such as the market price and historical
volatility of Echelon's stock price when those grants are
made.

-- For the quarter, interest and other income is expected to be
approximately $1.3 million. For the full year, we expect
interest and other income to be approximately $5.0 million.

-- For the quarter, we expect our provision for income taxes will
be approximately $150,000. For the full year, we expect our
provision for income taxes will be approximately $1.0 million.

-- For the quarter, we expect to generate a non-GAAP loss per
share of approximately $0.10 and a GAAP loss per share of
$0.17, based on a weighted average of 40,750,000 shares
outstanding. The non-GAAP estimate excludes the impact of any
stock-based compensation charges.

-- For the full year, we expect to generate non-GAAP earnings per
share of $0.16, and a GAAP loss per share of $0.14. The
non-GAAP earnings per share is based on a fully-diluted
weighted average of 45,000,000 shares outstanding. The GAAP
loss per share is based on a weighted average of 41,000,000
shares outstanding. The non-GAAP estimate excludes the impact
of any stock-based compensation charges.

Use of Non-GAAP Financial Information
Echelon continues to provide all information required in accordance with GAAP, but believes that an investor's evaluation of our ongoing operating results may not be as useful if an investor is limited to reviewing only GAAP financial measures. Accordingly, we provide non-GAAP net income and non-GAAP net income per share data as additional information relating to Echelon's operating results. Echelon presents these non-GAAP financial measures to provide investors with an additional tool for evaluating Echelon's operating results in a manner that focuses on what Echelon believes to be its ongoing business operations. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or net income per share prepared in accordance with GAAP.

Echelon's management uses certain non-GAAP financial information, namely operating results excluding the impact of stock-based compensation charges made in accordance with SFAS 123R, to evaluate its ongoing operations and for internal planning and forecasting purposes. Accordingly, we believe it is useful for Echelon's investors to review, as applicable, information that both includes and excludes stock-based compensation (and the related tax impact) in order to assess the performance of Echelon's business and for planning and forecasting in future periods. Whenever Echelon reports such non-GAAP financial measures, a complete reconciliation of the non-GAAP financial measure to the most closely applicable GAAP financial measure is provided. Investors are encouraged to review these reconciliations to ensure they have a thorough understanding of the reported non-GAAP financial measures and their most directly comparable GAAP financial measures.

[frenchee]

short-term sell signal will happen with a close < 5-day EMA...

[frenchee]

Echelon showing signs of turning the corner. It has shown excellent relative strength considering the general market's ongoing correction. Once we get past 17.92, should be smooth sailing...

[Jang-A-Lang]

anyone listening to the CC right now?

[frenchee]

MarketGrader currently has a SELL rating on ECHELON CORP (ELON), based on a final overall grade of 26.3 scored by the company's fundamental analysis. ECHELON CORP scores at the 17th percentile among all 5445 U.S. listed equities currently followed by MarketGrader. Our present rating dates to April 21, 2005, when it was downgraded from a HOLD. Relative to the Electronic Manufacturing Services sub-industry, which is comprised of 39 companies, ECHELON CORP's grade of 26.3 ranks 29th. The industry grade leader is TRIMBLE NAVIGATION LTD (TRMB) with an overall grade of 65.2. The stock, up 132.67% in the last six months, has outperformed both the Electronic Manufacturing Services group, up 3.99% and the S&P 500 Index, which has returned 7.58% in the same period.

[idccjoe]

There have been several profitable days recently. Great Call. Nice to see my stock finally begin to move its head above water after all these years!

Have always believed (hoped) that ELON's technology would someday lead to some long term profitability. Hope this is not another false start.

Other opinions would be appreciated.

Jo

[REKNAWXAM]

This should be a very profitable day. ELON ;)

[GGraessle]

Echelon Corporation to Announce Q3 Earnings on October 14th, 2003; ToComply with Federal Regulation FD, Echelon is Providing Notice of QuarterlyEarnings Conference Call

SAN JOSE, Calif., Oct 7, 2003 (BUSINESS WIRE) -- Echelon Corporation (NASDAQ:ELON) will be holding its quarterly earnings conference call for investors and analysts on October 14th, 2003 at 8:00 am ET (5:00 am PT). Echelon is hosting the earnings call at an earlier time to accommodate both market hours and the call hosts, who will be in Munich, Germany attending the LonWorld(R) Exhibition. The earnings announcement itself is scheduled to cross the wire shortly after 7:00 am ET (4:00 am PT). Echelon is sending out this release regarding Q3-2003 only to comply with Federal Regulation FD.

Financial analysts will be notified by fax which toll-free number they should call to access the Q3-2003 conference call. Other interested parties may listen in on the conference call via live Webcast at www.echelon.com. Alternatively, the general public may also access the call at 1-800-388-8975 (callers outside the US please use [phone]); however, due to a limited number of available phone lines, the company asks that only those persons without Web access call this number.

About Echelon Corporation

Echelon Corporation is the creator of the LonWorks(R) platform, the world's most widely used standard for connecting everyday devices such as appliances, thermostats, air conditioners, electric meters, and lighting systems to each other and to the Internet. Echelon's hardware and software products enable manufacturers and integrators to create smart devices and systems that lower cost, increase convenience, improve service, and enhance productivity, quality, and safety. Thousands of companies have developed and installed LonWorks products and more than 30 million LonWorks enabled processors have been shipped for use in homes, buildings, factories, trains, and other systems worldwide.

Further information regarding Echelon can be found at www.echelon.com.

Echelon, LonWorks, LonWorld and the Echelon logo are trademarks of Echelon Corporation registered in the United States and other countries.

SOURCE: Echelon Corporation


CONTACT: Echelon Corporation
Steve Nguyen, 408-938-5272 (Press)
[e-mail]
Chris Stanfield, 408-938-5243 (Investor Relations)
[e-mail]
or
McQUERTER
Tina Wilmott, 858-450-0030 x140 (Press)
[e-mail]

[koolvis]

Who installed http://www.skype.com/ ?
And wish to test a call internationally ?
Send an email to [e-mail] valid for 8 days since 10/03/2003 and ask my username for Skype. Give also your msn or hotmail addres to test a audiocall with msn messenger.
I am living in Belgium, Europe . Timezone GMT+1 (= New York time +6)
Call at preference from 15h New York time = 21h here till 18h = midnight here in Belgium
(I am Dutch speeking: so be patient with me)
Sorry this is not about Echelon Corp.
Greetings
gnollet

[GGraessle]

Here is the info on the downgrade.

A.G. Edwards & Sons, Inc. (ELON)
16 Jul 2003, 10:48am ET
- - - - -
ELON: Downgraded to Hold from Buy - We rate the shares of ELON Hold for speculative accounts, viewing Echelon as a fundamental building block in future consumer and industrial control networking applications. In evaluating Echelon, we feel it is no longer a question of whether the company has the concept, products and drive to win new customers and deals but the timing of those deals. There will likely be multiple winners in the device networking market but we feel Echelon will garner a disproportionate share.
Click below to read more about subscribing to the full JAGnotes product.

http://www.jagnotes.com/c/23/98.cfm?pagetitle=SubscribeNow Copyright 2003 JAGfn.com All Rights Reserved

[GGraessle]

I think the market continues down tomorrow. Some investors will not want to hold into the weekend.

Also the only analyst covering ELON AG Edwards gave it a down grade. Not looking pretty.

[DickMN]

Profit taking

I predicted profit taking, but I relied on my record of being wrong to save the day. I didn't expect the new valuation to hold, but this is ridiculous. We're almost back to where we were before the Nuon news broke. I think the market should definitely assign some value to the Nuon project, and the stock price should rise. Hopefully today's knee jerk reaction to the earnings news from IBM and Nokia caused an oversold condition and the market will rebound Friday, raising all boats, including ELON.

DickMN

[GGraessle]

Dick I agree

"they have actually been working their little butts off behind the scene.

I listened to the conference call yesterday. Their recent acquisitions are all starting to come together and form "one" big picture, imo it bodes well for the future (long term).

I bought a bunch on the news and sold before the CC and will look to reenter at lower levels. My problem is the fear that macro economic conditions will cause the market to give back much if not more of the gains made this year, so I feel safer being in mostly cash and just picking momentum trades here and there, like this past one on the Dutch deal.

Take care

GG

[DickMN]

Re: Meme - Will this do?

Do you think it will hold and go further for a couple of days or is this a one day deal?

I'm expecting major profit taking tomorrow, once investors have had time to digest it. Any significant earnings from it are 2 years off. People are more interested in earnings right now. But remember, historically, I'm wrong far more than I'm right.

I still love the news, though, it was getting really old watching ELON sit and grow mold. Now, it would appear, they have actually been working their little butts off behind the scene.

DickMN

[Meme]

Re: Meme - Will this do?

I literally did a double-take when I saw the price. It's been soooo long since I've seen that kind of action in any of my stocks. <G>

Do you think it will hold and go further for a couple of days or is this a one day deal?

Meme

[DickMN]

Meme - Will this do?

Yes, m'lady, it certainly will!! Gee, what should I ask for next? )

I couldn't believe it when I saw the news this evening, ELON up 25% on new utility action, after my grousing about that very thing on here the other day. Wonder if Ken or Bea read this board! ....Hmmmmm

DickMN

[Meme]

Re: Sure wish Echelon would get some more utility action going, we need more than one project. Right now they seem to have all their eggs in one fragile basket.


Will this do?


Echelon Announces Networked Energy Services Project with Dutch Grid Operator Continuon
July 14, 2003 08:55:00 AM ET



SAN JOSE, Calif.--(BUSINESS WIRE)--July 14, 2003--Echelon Corporation ELON, the creator of the LonWorks(R) device networking platform for networking everyday devices to each other and the Internet, announced today that it is working with Continuon Netbeheer, a leading Dutch utility grid operator and subsidiary of the Dutch utility Nuon, to examine the deployment of Echelon's Networked Energy Services (NES) system within Continuon's service territory. Echelon's NES system is a low cost, standards-based device networking infrastructure embedded within a utility's distribution network that enables a broad set of energy services that can dramatically lower operating costs, improve service quality, and increase customer loyalty and satisfaction. With over 2.7 million electricity customers, Nuon is one of the leading electric utilities in the Netherlands.

"We believe that Echelon's NES system could contribute to our ambition to become one of the leading grid operators in Europe," said Paul Corton, CEO of Continuon Netbeheer. "When the pilot leads to overall implementation, Echelon's NES system will not only be able to improve our efficiency and lower our costs to the benefit of our shareholders, but also improve our quality, reliability, and responsiveness to the benefit of our customers."

The project announced today is an expansion of a small technology trial begun in late 2002. This next phase, pre-deployment pilot, is designed to implement the complete end-to-end infrastructure of a full deployment, with connectivity from intelligent meters through to Continuon's information systems and business processes, but on a limited scale. Planning, implementation, and integration are expected to occur throughout the balance of 2003 with initial meter installations beginning late this year. Assuming that the system performs as expected and that Continuon receives all necessary financial and regulatory approvals, some of which are outside of both parties' direct control, full deployment throughout Continuon's territory would be targeted to begin in early 2005.

http://news.moneycentral.msn.com/ticker/article.asp?Feed=BW&Date=20030714&ID=2702267&Sym...

Yeehaw! Did you see the price spike today? Damn, it almost reminded me of the 90's...ah yes, those care free Clinton days. <VEG>

Meme