Exodus Communications, Inc. (EXDS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Exodus Communications, Inc. (EXDS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DD™ who started this subject	11/12/2001 3:00:06 PM
From: REH	Read Replies (1) of 3664

Game over for common holders? Exodus says its stock 'likely' will have no value SANTA CLARA, Calif., Nov 12 (Reuters) - Exodus Communications Inc. (OTC BB:EXDSQ.OB - news), a Web hosting company that once traded at nearly $90, said on Monday it is ``likely that the company's common stock will have no value'' even if it is acquired or gains new investors. Shares of Exodus lost more than half its value, trading at about 14 cents on the Over-The-Counter Bulletin Board, shortly before midday. The stock reached an all-time high of $89.81 on Nasdaq in March 2000. Early last month, the Santa Clara, California-based company removed itself from Nasdaq and began trading on the OTC Bulletin Board after filing for bankruptcy. On Monday the company said it was considering various financial and strategic alternatives, including seeking buyers and new investors, but that neither action is likely to give its stock value.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next