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Technology Stocks : Exodus Communications, Inc. (EXDS)
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To: Rupert who wrote (2085)4/8/2000 3:32:00 PM
From: Zhivago  Read Replies (1) of 3664
 
Congratulations, at least for now, for those who turned a deaf ear on an ugly two weeks, especially last week.

Thank God I was traveling last week, I toyed at putting in a 125 sell before I left. It would have triggered Monday am. On Tuesday I was at the airport and saw EXDS down about 7 in the 116 range. By the time my flight arrived I saw the nasdaq was down nearly 600, with no idea where EXDS was, only to be shocked to see exds up 14 plus in the USA Today Wednesday morning.

I still think it is the money managers causing havoc with the market at quarters end and start to sweeten their portfolios.

I have been in and out of EXDS since last March with my last buy in, in October. I'll be damn if I'll split the profits with Uncle Sam before this October.

Again, for all those that didn't bail, patience and a long term view will yeild rewards.

Regards,

Zhivago
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