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Technology Stocks : EXLN - Excelon

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To: Keith Monahan who wrote (756)5/16/2001 10:14:14 PM
From: hasbeen101  Read Replies (1) of 811
 
Keith,

I agree with you that the Object Design business could be profitable. I would even go further, to say that it could experience strong revenue growth and expanding margins, provided that it was marketed the right way.

However, your analysis excludes the B2B business, which leaves two remaining problems:
1. As I think you would agree, that business is going to be a loss-maker for the next couple of years. This will actually tend to diminish the value of the overall company (at least in the medium term); and
2. This company seems to have a strong aversion to making profits. What is to stop the company opening new loss-making divisions in "flavor of the month" areas, or from spending another few million dollars changing the company name again?

My heart hopes these points are irrelevant, but my head says they are.
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