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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Judy who wrote (19402)	3/25/1999 2:17:00 PM
From: Tom_	Read Replies (1) of 44573

EXDS: H&Q etc Bloomberg News March 25, 1999, 5:23 a.m. PT Princeton, New Jersey, March 25 (Bloomberg Data) -- Exodus Communications Inc. (EXDS US) was raised to ''strong buy'' from ''buy'' by analyst Farrokh Billimoria at Hambrecht & Quist. CHICAGO, March 25 (Reuters) - ING Baring Furman Selz LLC said Thursday it initiated coverage of Internet system and network provider Exodus Communications with a buy rating. -- Exodus is a leading provider of high-end Web hosting and other services to Internet-centric and customers including Yahoo! Inc., eBay Inc. and Hewlett-Packard Co., ING said in a research note. -- Average annualized revenue per customer as of year-end 1998 was about $133,000, the highest in the sector. ING sees 1999 total revenue growth of 180 percent. -- ING said it has a 1999 price target of $165-$185 per share. Bloomberg News March 25, 1999, 6:53 a.m. PT Princeton, New Jersey, March 25 (Bloomberg Data) -- Exodus Communications Inc. (EXDS US) was raised to ''buy'' from ''attractive'' by analyst John Hodulik at PaineWebber Inc. Best wishes, Tom

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