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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/7/2001 3:10:47 PM
From: besttrader   of 37746
 
15:07 ET Exodus Comms (EXDS) 10.02 +0.25 (+2.6%): Continue to hear talk of consolidation in the Web hosting business; today,
rumor mill churning out reports that GE Capital is interested in acquiring sector leader Exodus. Speculation of a major deal in this space
flamed by recent Londay Sunday Business report that Cable & Wireless is close to announcing the purchase of a US internet company; deal
price mentioned in the article of "several billion pounds" has sparked interest in names such as EXDS ($5.5 bln market-cap) and GENU
(+2.3 bln).
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