EXLN - Excelon Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EXLN - Excelon

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hasbeen101 who wrote (543)	7/30/2000 4:26:54 AM
From: Elsewhere	Read Replies (1) of 811

I was not aware of the 1991 revenues, but I can believe your figure of $4M I obtained the early data from the 1996 S-1A: sec.gov since many people have told me the company grew rapidly (from a small base) before listing. Many new EXLN competitors create big headlines with their rapid growth which is often from a similarly small base. Over the past few years, revenue growth has been very weak 1997 to 1996: 23.3% 1998 to 1997: 31.9% 1999 to 1998: -2.5% During a period of strategic change like 1999 it is ok to deliver a flat year ('99 to '98). In 2000 EXLN is on its way to delivering another +30% year. (compare it with ORCL that grew revenues by better than 100% for 7 years in a row). Wrong. Here are ORCL's numbers: YOY 1995 $2.97 1996 $4.22 42.1% 1997 $5.68 34.6% 1998 $7.14 25.7% 1999 $8.83 23.7% 2000 $10.13 14.7% CAGR 1995-2000: 27.8%, that's vs. 40% of EXLN 1991-1999. The future revenue growth (and the profit margin!) EXLN's gross margin is rather stable in the 70-80% range: 1991 69.9% 1992 80.3% 1993 78.4% 1994 72.6% 1995 72.7% 1996 77.2% 1997 78.5% 1998 80.6% 1999 74.8% Q100 74.2% Q200 72.6% I cannot see any convincing evidence why that will be better than it has been over the past 3 to 5 years. The B2B product line is just at the beginning of its life cycle. A 54% sequential growth (Q1 to Q2/00) is a good start. It had a 3,021% YOY growth as noted by Gerard Klauer Mattison.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next