EXLN - Excelon Message Board

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Technology Stocks : EXLN - Excelon

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To: Keith Monahan who wrote (34)	2/5/2000 12:56:00 PM
From: ahhaha	Read Replies (1) of 811

Haven't all my previous posts been clear? I covered all of that and I didn't need a conference call to do it. This should tell you where we are in the discovery cycle. What is interesting is that the stock has been under heavy selling similar to the extremely strong selling in MSFT which occurred in 1994 but failed to have any effect on price. EXLN is sold daily on balance, but floats up on the magic carpet of rational expectations. The material cause of the price action is the strong hands underneath with fundamental conviction willing to take the available supply with little price concession. When the stock makes a brief run and you chase to buy, you pay up. This fulfills the notion, "hard to buy". The stock is inelastic with respect to marginal demand and elastic relative to marginal supply.

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