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


To: Keith Monahan who wrote (485)4/28/2000 11:24:00 AM
From: GraceZ  Read Replies (2) | Respond to of 811
 
Don't beat up on Damien too much, if anything he is a constant reminder of the left over negative sentiment in the investment community from the company's previous incarnation. He keeps a lid on irrational exuberance.

The stock will move forward on fundamentals, Damien, not-with-standing. It'll take a lot to convince him and others like him that the company has really turned around. It's how I feel about ATHM right now. Unfortunately, when you get beat up by a company, when they trash your expectations, it takes a really strong person to get back in the stock when things finally do turn around. So it is unlikely, after giving so much of his time to this company, he will ever share in it's success.



To: Keith Monahan who wrote (485)4/29/2000 8:29:00 AM
From: hasbeen101  Respond to of 811
 
Keith, the evidence is simply that this company has not produced positive earnings over any 12 month period since listing (and therefore does not have a meaningful P/E ratio) and its revenue growth trend has been about 20% per year: not bad for a shoe company but pathetic for a software company. There is nothing in this company's financial statements to suggest it is worth more than $5 a share.

The only evidence for a higher valuation is based on hopeful projections about the future. And this company has so far had an unblemished record of failing to meet anybody's hopeful projections on the upside.