Exodus Communications, Inc. (EXDS) Message Board

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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: MulhollandDrive who wrote (1398)	10/13/1999 12:49:00 PM
From: William F. Wager, Jr.	Read Replies (1) of 3664

More evidence of Barron's bias against Exodus... Each Monday evening they post a column they call "Monday Movers" which highlights how the stocks they mentioned in the weekly edition performed. Although Exodus ended +7/8, they claimed it finished -7/8. Obviously they wanted it to tank. Here's the excerpt: Elsewhere, Exodus Communications isn't just riding the information superhighway; it's leasing space on it, according to the Barron's feature "Parting the Waters." After the Web host for big-name Internet players like Yahoo, Lycos and eBay issued stock a year and a half ago, investors bid the shares up more than 1,000% to a recent $70. But even with strong market support, Exodus faces competition from other potential high-tech landlords, the story said. Last week Intel announced plans for a $1-billion Web hosting venture, and AT&T, MCI WorldCom and GTE -- who boast superior name recognition and resources -- may throw their hats in the ring as well. Exodus declined 7/8 to 70 7/8 Monday. --Bill

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