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Technology Stocks : EXLN - Excelon

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To: Ron Dior who wrote (748)5/4/2001 8:05:46 AM
From: hasbeen101  Read Replies (1) of 811
 
Ron,

There are a couple of objections that could be raised to your revenue growth analysis.

Firstly, the 23% was against the same quarter one year ago, not the previous quarter. There is a big difference between annual growth of 23% and quarterly growth of 23%. In fact, due to the miracle of compounding, quarterly growth of 23% is annual growth of 123%.

Secondly, something like 40% of the XML revenue was based on services, not software licensing. It's hard to grow service revenues very rapidly.

As to ObjectStore being "rendered worthless", yes I agree the stealth marketing campaign and the "telco only" pricing model having been doing that job very effectively.
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