Excel Switching Corporation (XLSW) Message Board

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Technology Stocks : Excel Switching Corporation (XLSW)

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To: General Crude who wrote (91)	4/24/1999 3:56:00 PM
From: tejek	Read Replies (1) of 222

I just reviewed xlsw's annual report. I am not an accountant but it would appear that 1998 was a good year for the company with sales up nearly 50% and net income up 20%. In addition its margins improved and one of its biggest customers is qualcomm which just announced the most incredible, blowout earnings report. One negative that i can see is that accts receivables increased but again not being an acct i don't know how bad that is. Aside from that issue xlsw may turn out to be like lgto which lost 30 points in three weeks and than regained 10 of it in 2 days after they came out with their earnings report. I would be interested in anyone's comments. Thanks

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