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Strategies & Market Trends : Galapagos Islands

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To: Original Mad Dog who wrote (2291)	9/23/2002 12:18:57 PM
From: Alan Smithee	of 57110

Class action alert. Blodget named. I suspect some here may belong to the class. Exodus Suit Announced A class action has been filed in the United States District Court on behalf of purchasers of Exodus Communications, Inc. common stock during the period between December 8, 1999 and June 19, 2001, inclusive. The complaint alleges that Merrill Lynch & Co., Inc. and Henry Blodget urged investors to purchase Exodus stock when defendants knew or recklessly disregarded that such purchases were not a good investment. The complaint alleges that defendants: issued "Buy" recommendations about Exodus without any rational economic basis; failed to disclose that they were issuing "Buy" recommendations to obtain investment banking business; and concealed significant, material conflicts of interest that prevented them from providing independent objective analysis.

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