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   Technology StocksEXCEL TECHNOLOGY-XLTC


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To: ArnieC who wrote (335)6/22/2000 4:30:00 PM
From: KLP
   of 348
 
Yes, it is looking good, especially when it is up 2+, and the NAS is down -124 or so.... volume is up today quite a bit above the average day too....
KLP

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To: KLP who wrote (336)6/26/2000 8:33:00 PM
From: B.G. Galbraith
   of 348
 
This is infuriating! Up 5 points on high volume and no news!
I'm way long, but this just confirms that trading on insider info is rampant in the market. I got in at 16 just a few months ago and it has tripled on no significant news except some pretty good earnings. Anyone heard anything?
BG

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To: B.G. Galbraith who wrote (337)6/26/2000 10:27:00 PM
From: megazoo
   of 348
 
BG, Don't weep. You have tripled your money. There is news,and the news is good. EPS estimate this quarter has been increased by 3 cents this past week.

biz.yahoo.com

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To: B.G. Galbraith who wrote (337)6/26/2000 10:49:00 PM
From: glen yasue
   of 348
 
Hi BG
This stock has legs with decent volume. Am still holding 2/3 of my position purchased back in '98. I was tempted to sell after it hit 40. There seems to be a consistent pattern of end of trading day spike in price/volume. Who is buying? I don't have any reasonable explanation, except relying on a bullish chart. I'll hold my fire for NEWS, or when it hits 50, I'll review charts for selling another 1/3. Good fortune to you. glen.

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To: glen yasue who wrote (339)8/1/2000 1:54:12 AM
From: KLP
   of 348
 
Excel Technology Reports Record Revenues and Profits for the Second Quarter of 2000
23% Increase in Revenues and 65% Increase in Earnings

NEW YORK, Jul 13, 2000 (BUSINESS WIRE) -- Excel Technology, Inc. (NASDAQ: XLTC chart, msgs) today announced the results for the quarter ended June 30, 2000. Revenues for the period increased $4.9 million to $26.4 million, an increase of 23%, from the $21.5 million from the same period in 1999. After tax profits were $4.1 million, an increase of $1.6 million (65%), from $2.5 million for the second quarter of last year. Net earnings per share on a diluted basis for the quarter increased 55% to $0.34 per share from $0.22 per share for the same period in 1999.

J. Donald Hill, Chairman and CEO commented, "All our divisions performed exceptionally, resulting in another record quarter. Revenue growth continues to be strong, coupled with superior operating profit margins and strong cash generation. We continue to take strides towards becoming the global leader in laser based solutions for industry and science." Antoine Dominic, President and Chief Operating Officer added, "The pace of new product introductions during the first six months of 2000 was significantly higher than in prior periods, due to our commitment and emphasis on research and development. In addition, we are increasing our investments globally in marketing, sales, applications, engineering and manufacturing resources to further penetrate new global markets. Our future progress will continue to be a direct result of our intense product and global market development. We believe our future is bright."

This news release contains forward-looking statements including those relating to future revenues, earnings and operating profit margins, corporate opportunities and market opportunities for new products. Actual results could vary materially from the forward looking statements due to many factors, including many micro and macro factors that can affect revenue and earnings, a wide variety of difficulties in identifying, closing and digesting acquisitions; and market acceptance of and the ability to efficiently manufacture effective new products.

Excel and its wholly-owned subsidiaries develop, manufacture and market laser systems and electro-optical components for electronic, semiconductor, other industrial, scientific and medical applications.

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To: KLP who wrote (340)8/1/2000 4:18:34 PM
From: ArnieC
   of 348
 
Great earnings and great future, but the stock got trashed, down 6. It was on low volume, but I don't understand why it went down??

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To: ArnieC who wrote (341)8/2/2000 9:32:04 AM
From: The Band Leader
   of 348
 
One possibility for drop- remember that insiders can't trade during a quiet period right before earnings announcement. May have been some insiders who have been waiting to sell- possibly just for spending money and for no reason related to co.'s performance. But that's just speculation.

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To: The Band Leader who wrote (342)8/2/2000 10:21:13 AM
From: ArnieC
   of 348
 
If what you speculate is true then the stock ought to rebound today on higher volume as investors take advantage of the bargain price.

Arnie

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To: ArnieC who wrote (343)8/2/2000 10:28:43 AM
From: The Band Leader
   of 348
 
from your lips (keyboard?) to god's ears. :)

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To: The Band Leader who wrote (344)8/2/2000 4:38:29 PM
From: B.G. Galbraith
   of 348
 
I think the stock price just got a little ahead of itself, and people were expecting miracles on the earnings report. I am completely satisfied with their performance and look forward to holding this one for a long time.
BG

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