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Technology Stocks : Excel Switching Corporation (XLSW)
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To: Ram Seetharaman who wrote (102)4/27/1999 11:54:00 PM
From: tejek   of 222
 
The revenue increase is great and the $.19 eps is ok .....that was the whisper number; for my blowout we needed $.20 or better. Not that i think xlsw will go down tomorrow...i think there will be a pop up; another point or two before it rests. I think kinnard's price target of $31 is a little conservative, don't you? With a 43% increase in revenues and a projected $.86 eps for 1999 , i think $36+ is a better number based on the fundamentals. Besides bigger numbers look better in our portfolios....don't you agree?!!
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