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Echelon Corporation (ELON) Message Board

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  • johnmr12 johnmr12 Feb 1, 2008 9:54 AM Flag

    I would like everyone's input

    Swiss, if you actually practice what you preach, then you are not a bad guy at all. I have been very fortunate in my life, so the money that I put into the market is all money that I can afford to lose. I am puzzled why you think Echelon will go down even if they report a profit AND sign a major deal. I realize the market was out of control when we went to $32 last year, but that run was based on triqals alone. If they lock up one major deal, doesn't that signal that the technology is a success and others will follow suit? I don't expect it to go to $32, and I realize a lot of money has flowed out of stocks, but it doesn't make sense that it would drop below $10. Having said that, I am going to wait for the CC, because if they failed to turn a profit as expected, then $10 is very possible.

    • "all money that I can afford to lose"
      Johny, this is the wrong motto! This is not Vegas... I know somepeople here think it is... Go back to #4 and your motto should be:

      "all money I will not need for the next 5-10 years" or something like that...

      So, ELON goes to $10 then what is your plan? You said if it is going to $10 you will no longer be a ELON shareholder. Still true?

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