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Technology Stocks : EXCEL TECHNOLOGY-XLTC
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To: BONGIZMO who wrote (308)6/14/1999 12:19:00 PM
From: Christopher Brainard  Read Replies (2) of 348
 
Well it looks like the all time high could not be surpassed! Buying has completely dried up and the stock has begun a slide back into the $11.50 - $12 area (IMHO). At the recent highs the stock was selling for more than 15x TTM and or estimated 1999 earnings.

Any thoughts for the short term on this stock?

Chris ...
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