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Echelon Corporation (ELON) Message Board

  • CanesJimm CanesJimm Apr 12, 2001 4:12 PM Flag

    a very nice report

    nothing earth shattering but they did very well to come in and meet the street. A/R is down and INV is up (persumably ramp up from ENEL).

    A much better report than I expected. Expect them to bleed back in the tax cushions they had set aside for the litigation expenses this will help in future quarters.

    For this next quarter I want to see another ENEL type deal in the face of an energy crisis they have to capitalize and it could be a great sell to utilities that are on solid ground today who want to stay on top of things.

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