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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?

To: djane who wrote (801)7/19/1999 10:49:00 AM
From: Robert Rose  Read Replies (2) | Respond to of 3664
 
This announcement is probably contributing to the stock's weakness today. However, exds would probably be down 2 or 3 points anyway at this point, given the weakish market. Now that exds is in pullback mode following its doubling in price over the last 30 days, we can expect the stock to decline to about 120 as long as the market remains relatively healthy.

I will view 120 as a good price to double my position.


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