Interliant, Inc. (INIT) Message Board

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Technology Stocks : Interliant, Inc. (INIT)

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To: $Mogul who wrote (385)	7/22/1999 7:00:00 PM
From: westpacific	Read Replies (1) of 1214

Article on EXDS today - INIT will follow, keep buying and agree Mogul hold for the long term. How far can you go below the $15 bucks we paid. (Have sold way too many solid companies short for small profit gain - will not let this happen with INIT). Net standout There was at least one notable winner, though. Exodus Communications (EXDS: news, msgs) shares shot up 4 1/2, or 3.5 percent, to 132 5/8 after the company reported solid quarterly results and a 2-for-1 stock split. Goldman Sachs raised its price target by 41 percent to $190 and its sales estimate by 26 percent to $214.5 million. The Web hosting company posted $42.5 million in sales, a 322 percent increase from the same period a year ago. It also marked the 11th consecutive quarter of 40-plus-percent sequential growth. Quarterly losses came in at 51 cents a share, down slightly from a 55-cent loss in the year-ago period. Both top- and bottom-line results exceeded expectations. The good news was due to strong customer growth. Exodus said it added 327 new clients in the quarter, about three and a half per day. Additionally, Exodus plans to roll out five new data centers before the end of the year, analysts said.

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