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


To: GraceZ who wrote (554)7/31/2000 8:21:29 PM
From: hasbeen101  Read Replies (1) | Respond to of 811
 
A year for a long term investor is a good time frame to measure performance

I would classify "long term" as 5 to 10 years. The longer the time frame, the better to analyze the long-term performance.

EXLN listed about 4 years ago at $7. It is now trading below that. Just ask EXLN staff how happy they are about their stock options. I cannot see how anyone who has been hired in the past 4 years would have gained much motivation from their stock options.

The reality is that the stock price has gone backwards since listing during one of the biggest bull markets ever.

None of this means that EXLN is necessarily a poor investment choice for the future, but if we cannot agree on whether the company's past stock price performance has been good, I doubt we could possibly come near to agreement on its future outlook.

Oh, and by the way, EXLN is a high-beta (i.e. systematically risky) stock, and should therefore have given a much better return than the market to justify its inclusion in a portfolio by a rational investor.

This is just reality, it is not criticism of the company or any of the people who work (or invest!) in it.