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Technology Stocks : EXLN - Excelon

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To: Richard who wrote (598)9/14/2000 11:23:40 PM
From: hasbeen101  Read Replies (1) of 811
 
Continuing its recent rising trend, Monday afternoon Excelon Corp. (EXLN) stock was up 14% from Friday's close and about 60% since the beginning of the month.

An analyst who asked not to be identified attributed the trend to a favorable review last month by Gartner Group of Excelon's business-to-business data server platform.


The interesting thing about this is that EXLN had wonderful products with very favorable reviews 5 years ago. So why is another favorable product review really significant?

Maybe because the product is B2B rather than ODBMS. The catch there would be that maybe the ODBMS market can grow as fast as the B2B market. I don't think anyone has posted a link to the Evans Data research that showed most software developers expect to be working with ODBMS products within the next few years. I will post a link if anyone is interested.

I am not being negative about the company: on the contrary, I am saying it has long had wonderful products and even succeeded in getting good reviews of them. But this just goes to prove that something extra is required to produce substantial revenue and earnings growth.
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