Jeremy Seigel came out with a piece this week, he believes the market is still undervalued by 10 to 15% and gives an interesting reason, the amount of cash on corporate balance sheets can cause additional p/e expansion as well as capital spending. Also, miners have been slaughtered the past year or two, at some point that will change.
If you looked at the reports today, GDP and employment continues to imporove so the FED has helped to navigate through the financial repression which started in 2008. Go short, do it.
Yea, and the S&P is at 1800 now, your point? In the very short term anything can happen everyone is aware of that but Yellen believes the economy still needs more growth in GDP and employment while inflation is still not a factor. That gives the U.S. economy plenty of juice which is good for emerging markets and international markets..
Hold on to your cheese, with Yellen running the Fed expect stimulus to continue and that is good for everyone.
We can only hope but Sege has spent considerable time there the past couple of years and you would think Mitsubishi is an important company within Japan that they will get some of the business.
You get several hits on the company website when typing in the word "Dubai" so they have done work there for a number of years.
Potential for the IILOT platform is big enough to get the price back to where it should be, above $10. If TWTR can have a market cap of 25B based on potential, surely Echelon is waaaayyyy undervalued currently.
sucks, technical difficulties with the call preempted the Q & A. Overall, optimism with Europe going forward, mentioned Poland, Norway, and Middle East. Would have liked to have heard some questions on Brazil and China. JV in China generated a small loss but we didn't get any sense of timing of pilots, decisions, etc.
Here's an observation. Previous to this week they had several job openings posted on the web site and they have been filling some of them. Then this week they only have two, so either they have filled the five jobs or they are pulling them for now. Naturally, I'm hoping they filled them.
isn't this what you've been waiting months for? Clearly, they are directing resources and plan on being a player in this emerging technology and they plan on initially getting their feet wet with the heavy duty industrial sector first. This next year is big on a variety of fronts.
He's been gone for about six months, I noticed his bio was no longer included in the Executive Profiles section of the web site and then he turned up at Fusion. I didn't know he was with Echelon before?
SAN JOSE, Calif., Oct. 8, 2013 /PRNewswire/ -- Echelon Corporation (ELON), the world's leading control networking platform provider, and its partner Kapsch Smart Energy today announced that they have won several key pilots with leading Austrian utilities Wien Energie, IKB and Steiermark. The pilots, which together represent potential future orders of nearly 3.5 million smart meters and Networked Energy Services (NES) software platform licenses, are being prompted by a new energy edict in Austria that requires utilities to achieve specific grid modernization goals by 2019.
"As Austrian utilities work toward compliance with the new energy law, Echelon is winning important pilots by offering products that enable utility companies to not only meet the new mandates, but also improve the overall safety, efficiency and reliability of their energy grid," said Michael Anderson, Echelon's senior vice president and general manager, Grid Modernization. "These pilots represent early traction in a crucial phase of this growing market. With our continued success in demonstrating the value that NES offers to our customers, Echelon is well positioned to compete for large-scale deployment tenders once that process begins."
The Kapsch/Echelon pilots are designed to show that is it possible to fulfill Austria's demanding expectations for meter regulations and data security while still achieving the highest data availability on the market.
Together with its partner Kapsch, the Echelon NES platform is operating as a fully integrated solution with the Kapsch Smart Energy Management meter data management software, offering its customers a full-featured, utility-grade applications platform to support the immediate smart meter program requirements and offer future opportunities for many high-value grid applications. The pilots are scheduled to take place through 2014; utility companies are expected to begin rolling out smart meters throughout Austria in high volume beginning in 2015. In a
Here's the writeup from CW which is also on Echelon's homepage.
Echelon lives at the heart of connected devices. Roughly 100 million devices, 35 million smart homes, and 300,000 intelligent buildings around the globe are powered by Echelon's technology. Still, its strategy behind driving this world of connected devices is one that is constantly evolving—which is great news for customers.
Since the company entered the market more than 20 years ago, its vision remains targeted, yet evolutionary. Today that vision encompasses low-cost monitoring and control technology being embedded into every electrically controlled device. You can consider Echelon to be a leading provider of silicon, embedded and management software, and routers, all directly targeted at enabling what is being termed today as the Internet of Things (IoT).
The company embraces the idea that the full potential of IoT will be realized under the guidance of "IP-all-the-way" to every end point. To that point, Echelon focuses on productivity-enhancing commercial and industrial applications that provide economic impact. Its technology enables the creation of device networks or communities that can work autonomously, rather than merely providing a connectivity path from the device to the Internet.
Overall, the company believes the success of IoT will necessitate the use of a variety of wired and wireless media to connect devices into communities, which strays from the popular opinion that wireless will indeed dominate. To that point, Echelon points to the nearly one billion of what it would call "pre-IoT" devices deployed in the field today. The company likens these devices to legacy computer networks in the '80s and '90s, saying they need to be transitioned smoothly and economically, without wholesale swap-outs to IP-based systems for interoperability, application breadth, and productivity gains.
In all, it sounds like a targeted plan indeed. It's no wonder why Echelon remains at the heart of a market