Echelon Corp. (ELON)

[GGraessle]

DickMN - I'm going to take a stab at this and say you're from Minnesota and your name is Dick? How did I do?

I wasn't trying to be funny, but actually make a point. I agree with you. When trying to read or figure out ELON, that is what you have to do, read between the lines.

All in all though, I truly like them as a company, but knew they would drop today after the CC and PR. Actually, though they rebounded nicely later part of the day. I'm still going to wait before I re-enter.

I would read or re-read Brett's analysis:

http://www.investorshub.com/boards/read_msg.asp?message_id=701625

He still believes another util will come on board.

"The next catalyst for Echelon remains the signing of a new service provider customer with some semblance of a pipeline behind it. We feel this should happen in late February to early March and is really limited by finalization of
contracts and deployment schedule issues. The likelihood remains that 2003 will be the year when service provider momentum begins to build"

And that will be the key. If that happens the stock flies, otherwise good solid company, IMO, that should trade between 8 and 14 in the near term.

Thanks for the post - take care





The best weapon against "fear" is "facts"!!