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Technology Stocks : EXLN - Excelon

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To: Richard Habib who wrote (445)	4/18/2000 3:25:00 PM
From: Keith Monahan	Read Replies (1) of 811

As regards earnings. It appears some have an expectation of positive earnings. Once again, I find it useful to consider what the companies guidance is. No earnings for 2000. Flatish revenue for Q2 but they would endorse some upside for the forecast B2B rev of $3.4M in Q2. I found the company's guidance on revenue rather vague. At one point on the conference call, Goldman suggested the revenue growth rate would be similar to other B2B companies. Then he endorsed some upside to the $3.4 million, which seemed low to begin with (I believe this number came from an analyst's model). I have no idea of what to expect for revenue growth in Q2.

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