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Technology Stocks : Excel Switching Corporation (XLSW)

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To: Ram Seetharaman who wrote (181)7/24/1999 1:09:00 PM
From: tejek  Read Replies (2) of 222
 
RE: " Consensus is $ 0.16 and whisper is $ 0.17. They have to beat whisper by a good margin to appreciate further."

I think you are very right. The company has been unusually quiet of late; sometimes that is an indication of a blowout quarter. Let's hope so. BTW in IBD recently they listed some good stocks and the number of institutions buying them.....in XLSW's case the number was two. When I first did my dd 6-8 months, I don't think there were any institutions listed at that time. Do you have any info in this area?

OT Remember what I said about GNSS a few posts ago. Well when I read their earnings report, they mentioned the problem again. They are facing increased competition in their low end flat panel market which has hurt margins. So what they are trying to do is migrate to a more high end product mix that will enable them to improve their margins. I think it is an issue that needs to be resolved before GNSS can move up significantly. Frankly if it is resolved to the street's satisfaction, with the way GNSS executes, I could see the stock easily at $50 and above.

Good luck.......Go XLSW

ted
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