EXLN - Excelon Message Board

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Technology Stocks : EXLN - Excelon

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To: GraceZ who wrote (293)	3/18/2000 11:55:00 AM
From: E. Davies	Read Replies (2) of 811

Turned out to be the 52 week high and the stock did an almost 50% retracement in about a month Its not the retracement that disturbs me- as you say thats perfectly normal. What disturbs me is the sudden relative weakness. This implies that the previous runup was probably primarily because of the WEBM IPO hype, and not because (as I had hoped) the market liked the EXLN vision. How could you not love that story? I've found that what stories I love don't matter. What matters is the stories makes the market excited. Turnaround stories are not favored these days, what the market wants is "new" (and momentum). Much is dependent on how EXLN can divest itself of its previous history. You notice that all I'm talking about is perception. I'm afraid that the "other" stock we share (or did once) is making me rather cynical. Nevertheless- the more I learn the more I like EXLN. Maybe this time the market will like it too. Eric

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