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Technology Stocks : EXLN - Excelon

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To: Richard who wrote (66)2/8/2000 12:31:00 PM
From: ahhaha  Read Replies (1) of 811
 
Good response. I encourage you to read this thread and its links ignoring who may be saying this or that. In time as more information becomes available you'll be able to assimilate what others will say.

The H&Q analyst won't be there very long if he persists with his current level of comprehension. H&Q brought this company or rather its original incarnation and did a poor job of keeping its institutional clients informed about developments. I'm on record in the thread of the previous incarnation about all of this in detail over the last three years. I had to battle the public as they were being bagged by brokers and now defunct previous management. They were as positive then as most are negative now. It was amazing to watch people fooled because they hadn't understood what was happening. Now the same thing is happening because of unfounded prejudice. Prejudice just kills you.

It is well-known that H&Q recommendations are treacherous. They start off hot and H&Q has all this inside pull with the big boys, but when a company slows, the big boys who are nothing better than mad dog gunslingers circa 1968, dump. It is professional pump and dump. As long as the whisper circuit is propped by the H&Q inside pump, the stock will persist upward mostly without justification. This is almost a refutation of the free market. It's a cabal, but you won't ever see the SEC and all those protect the little guy types who chase after the "big criminals" like Tokyo Mex ever investigate the elite untouchables. They claim they can't scale the Ivory Tower. None of this matters in the least if a company is doing the right things.

Right now EXLN persists in being heavily sold, but if you try to get any size, you have to pay up. That means there's lots of guys who don't agree with Pickrel and the other air heads analysts who prefer to chase newly minted junk. If the company persists in its current constructive mode you'll see these clever analysts suddenly start to initiate coverage. They can't do that now because there's too much risk for their reputations. They can't have their risk averse institutional clients buy low. They'll wait and make sure that everything is ok. That rarely works in Wall Street or works at a premium. It doesn't make any difference to an institution. They manage OPM.
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