Exodus Communications, Inc. (EXDS) Message Board

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Technology Stocks : Exodus Communications, Inc. (EXDS)

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To: DD™ who started this subject	7/17/2000 12:18:54 PM
From: PhantomTrader	Read Replies (1) of 3664

from CNNfN......... Dot.com future in doubt Shakeout in Internet universe continues; investors demand profits By Staff Writer Michele Masterson July 17, 2000: 11:28 a.m. ET So, who do you like? Keeping in mind that the fittest Web companies that will survive are those with a solid plan and which derive revenue from a variety of sources, analysts such as Moran point to examples such as America Online (AOL: Research, Estimates), Yahoo! and Exodus Communications (EXDS: Research, Estimates). "Exodus is the leader in high-end Web hosting and although a good number of their clients are dot.com companies, they're not completely reliant on dot.com companies," said Moran. "Corporate America in general needs to establish Web sites in order to enhance their business prospects and the giant, successful dot.com companies like Yahoo! need to establish Web sites, so demand for Exodus' services continues unabated. It represents one of the fastest-growing companies on the Internet, in one of the most exciting markets and that's providing Internet infrastructure." "The company is seeing over 100 percent year-over-year growth right now and has already trended into positive cash flow profitability. We rate them a 'buy' with a price target of $100 a share," Moran said. Exodus currently trades around 51 and has a 52-week high of 89-13/16, with a low of 12-21/64.

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