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Technology Stocks : EXLN - Excelon

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To: Bob Trocchi who wrote (724)3/29/2001 1:27:50 PM
From: Elsewhere  Read Replies (1) of 811
 
"There is a successful shorter on SI who seeks out all companies that promote their products are 'Best of Breed' as shorting opportunities."

A funny approach - but I wouldn't short a software company with a price/sales ratio below one. A competitor, SQSW, has been acquired last week for a P/S of about 9 in cash by CTXS, and SQSW had a loss of $21 million on sales of $20 million in 2000, much worse than EXLN.
biz.yahoo.com
biz.yahoo.com

The days of euphoria have long gone after the 95% drop from the top. On the Yahoo! board the focus is no longer the "space suits" but company survival, chapter 11 threat, bridge loans.

I wait for the day when EXLN gets the rest of the company to execute like their product developers seem to be doing.

Add me, too. The next days will be interesting. Some people expect a flood of warnings by B2B companies. Good that the Gerard Klauer Mattison analyst expectation, for instance, is just $14.4 million for the Q1 revenue.
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