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

To: hasbeen101 who wrote (538)	7/29/2000 10:07:17 AM
From: Elsewhere	Read Replies (1) \| Respond to of 811

I do not currently view EXLN as a good stock to invest in, since it has failed to generate substantial revenue growth despite having such wonderful products. eXcelon's compound annual growth rate from 1991-1999 is 40% (from $4.0 to $60.8 million). With its 12.4% sequential growth from Q1 to Q2/00 EXLN beat companies such as IBM (11.9%), MSFT (2.6%), PSFT (11.9%), BEAS (3.0%) and others. So EXLN grew four times as fast as BEAS, yet it has just 1/10 of the BEAS price/sales ratio (2.4 vs. 26).

To: hasbeen101 who wrote (538)	7/29/2000 2:53:28 PM
From: GraceZ	Read Replies (1) \| Respond to of 811

Well I have said in the past that you are a good indicator of the prejudice against this company that will have to be overcome if it is to complete the transformation to a B2B powerhouse. I see this over and over again with companies that have failed to be successful in the past and are attempting a turnaround. Former employees or former stockholders seem to take on an almost religious fervor in criticizing the company, no matter how good the news is or how much progress the company makes. It's actually easier to launch a completely new entity with no track record whatsoever because there are no bad feelings to get past. What scares me about these new entities is that they have yet to make the mistakes, or learn from them. They also have some pretty heavy promotion by the VC's and investment banks, houses that bring them public. This adds noise to the situation which makes it pretty hard to judge what is really going on. Give me an established company doing a turnaround any day over that. It means the company is in the "prove it to me" position. Put there by people like you, so in that respect you are providing a service. I understand how you feel, I've felt the same way about certain companies I've held in the past that I feel really blew it. IOM comes to mind. They could have the best story on the street right now and you couldn't pay me to go near them. If someone asked my opinion about them I would be sure to tell that person that I am far from objective about them and they should seek another opinion, one that is truly objective.