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Technology Stocks : EXLN - Excelon -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (68)2/8/2000 11:49:00 AM
From: Bob Trocchi  Read Replies (2) | Respond to of 811
 
John...

>>EXLN sure bounces around, when are we going to break $20?<<

Now wouldn't life be wonderful if we knew these answers in advance. <G> You might ask a similar question as to when it might go back ot 10!

I still have some confidence that EXLN has a good future. At worst, if all else fails, they would be a potential buy out candidate based on their technology. I am not hoping for that as I believe they have the potential for some real long term gains. This is not a given as competitors can come from anywhere and often from places not anticipated.

Lets say that ahhaha is half right and that by 2001 (or was it 2002) when he predicted $2.00 EPS. So lets say $1.00 EPS by 2002 and give it a 50 times multiple (which is outrageous by any long term standard but conservative by today's standards) and we have a $50 stock.

Now that is not great by some Internet gains but for myself I will take that anytime I can. If ahhaha is correct and the market assigns a 75 PE, then we have a $150 stock.

I for one am not betting on that but who knows. If any of the above scenarios play out, then who will care when it passed $20.

good Luck

Bob T.