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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: SteveG who wrote (574)6/7/1999 2:23:00 PM
From: William F. Wager, Jr.  Read Replies (2) of 3664
 
From the DB Alex Brown conference...

Exodus (EXDS: news, msgs) gave
long-term targets for 2001. Company
executives told fund managers to expect
operating margins of 13-15 percent by 2001,
and EBIDTA of 20-22 percent. Executives
also took the opportunity to highlight the
company's growth pattern. The Web hosting
company has seen ten consecutive quarters
of 40 percent compound quarterly growth. Asked how the
company could maintain prices in a more competitive
environment, CEO Ellen Hancock said "we see price protection"
by selling bundled services.

--from CBS Mktwatch

--Bill
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