Excel Switching Corporation (XLSW) Message Board

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Technology Stocks : Excel Switching Corporation (XLSW)

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To: NateC who wrote (113)	5/7/1999 2:20:00 AM
From: tejek	Read Replies (1) of 222

XLSW is a pretty volatile stock and moves up and down very quickly. I think it is because it has a small float. It is a solid company with good growth prospects. I assume you bought in the low 20's. I think right now 19.5 is the bottom end of the trading range which currently has a small upward bias. It recently reported earnings: revenues were up about 43% yoy and net income i think was up about 50% yoy. As you probably know, the tech sector is going through a correction (xlsw has done most of its correcting already) but i think there is a lot of downward pressure on this sector right now. I hope this alleviates some of your concerns but don't be surprised to see big movement even in a single day of trading. Good luck. ted

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