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Technology Stocks : Exodus Communications, Inc. (EXDS)
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To: Paul Ma who wrote (2894)12/22/2000 1:45:39 PM
From: Dave Gore  Read Replies (3) of 3664
 
FWIW, my observations - This "TANK GAME" has been played B4

There is some short manipulation going on it seems. I witnessed a "tank game" a few weeks ago, with the stock for no apparent reason dropping down from 26 to just below $20 to apparently take out "stop loss limits" and then it ran up to $35 over the next couple weeks.

I think they do this every so often, especially when the rest of the market is up, so people think there MUST be something wrong.

Hey, maybe there is but earnings are not until Jan. 26 and there have been 4 "strong buy" ratings this month and they were selected to move into the NASDAQ 100. They also are the premiere leader in web hosting and have great management in Ellen Hancock, imo.

I think it's likely to just a temporary thing, again, and am buying some here.
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