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Technology Stocks : Exodus Communications, Inc. (EXDS)
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To: Shaw who wrote (2300)7/6/2000 5:44:33 PM
From: Shaw  Read Replies (2) of 3664
 
I checked with Merrill Lynch, they have Exodus as a number one rating, which in their case is a [buy]. They don't have a [strong buy] category, just buy. Just trying to be accurate. Anyway the only reason I can come up with as to why Exodus is trading in the funky way that it is, is because the market is exercising its normal pattern of sceptism before earnings, when they know ahead of time that margins are down a little for the second quarter. I am choosing to look at the big picture, I say it is all about long term sustained performance. So if you do the right thing in the second quarter and spend a little more than usual to build more long term future growth, as Martha Stewart says, "thats a good thing".
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