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Technology Stocks : Excel Switching Corporation (XLSW)

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To: General Crude who wrote (195)7/28/1999 8:35:00 PM
From: Ram Seetharaman  Read Replies (1) of 222
 
Todays $ 1 decrease was lagniappe!

On the good side, Valueline expanded edition of 7-23-99 ranks XLSW as quite timely for appreciation at a $ 33 price and their own P/E of 45.8.

It will be a couple of sessions before XLSW zooms to the thirties again.

Buyout at this juncture is ruled out, since Robert Madonna owns nearly 87 % of the company.
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