Exodus Communications, Inc. (EXDS) Message Board

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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: Pruguy who wrote (1477)	10/22/1999 8:45:00 AM
From: DOUG H	Read Replies (1) of 3664

You may be right sir. From below, the revs are of a higher margin nature. Ellen Hancock, president and chief executive, said in a statement that managed and professional services increased to 34 percent of revenue in the third quarter from 20 percent in the prior quarter. Jefferies & Co. gave Exodus the thumbs-up sign ahead of the report, initiating coverage with a "buy" rating. The securities firm set a 12-month to 18-month price target of $100 per share on the company. "We believe Exodus is poised to exploit the burgeoning market for dedicated hosting and other value-added services," Jefferies said.

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