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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: Zhivago who wrote (1998)3/3/2000 10:44:00 AM
From: Neville H. J. Gorman  Read Replies (1) of 3664
 
Friday March 3, 8:24 am Eastern Time

RESEARCH ALERT-CSFB starts Exodus at strong buy

NEW YORK, March 3 (Reuters) - Credit Suisse First Boston said on Friday it started its coverage of Exodus Communications Inc. (NasdaqNM:EXDS - news) with a rating of
strong buy.

-- Set fiscal 2000 estimate as a loss of $1.03 per share.

-- Set fiscal 2001 estimate as a loss of $0.33 per share.

-- Forecast revenue growth of more than 200 percent for 2000, 95 percent for 2001.

-- ``Exodus has a dominant position in the provision of mission critical Internet operations, hosting over 50 percent of the world's most popular web sites. We believe the company has the right strategy to continue its market dominance.'

-- Shares closed at 147-7/16 on Thursday on the Nasdaq stock market.

biz.yahoo.com

Good luck to all! I just love this stock <ggg>.

Neville
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