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Technology Stocks : EXCEL TECHNOLOGY-XLTC
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To: Srexley who wrote (330)4/3/2000 2:22:00 AM
From: glen yasue   of 348
 
hi, my position in xltc dates back to 5/98 and i'm wondering about that comment on cnbc re. xltc being the next intel, etc. although the company has almost no press releases, from what little i have read or heard it would not appear to be a cutting edge technology leader. my position was established and is held for value. The current speculation appears to be a developing short squeeze and day traders hitting the stock. i've heard no talk of possible buyout. i am apprehensive that this type of action is going to hurt the stock for long-term holders. i sold off 1/3 of my position last week and am looking to reduce to 50% if a highly specultative action persists. overvalued past 40? what are your thoughts? glen.
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