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Technology Stocks : EXCEL TECHNOLOGY-XLTC

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To: William J. Swanstrom Swanstrom who wrote (305)5/25/1999 6:49:00 PM
From: Rick Benedetti  Read Replies (1) of 348
 
I have to say that I am encouraged as to the recent movement of the stock, however, we still need some BIG up volume days like we did back in 1997, like >500K. My only issue with this company is that there is no news that they believe is worth informing the marketplace. How about talking about a nice order or a new product or a breakthrough in R & D??? Are we asking for too much? I have heard the saying before that no news is good news, however, for this stock that has not worked. A little bit of news can maybe give that extra volume day we need to get this stock over the 13 1/8 barrier. Projections for the company still look good for the future, but I have been riding this horse for such a long time that one more hiccup and I will be looking for other greener pastures.
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