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


To: MulhollandDrive who wrote (926)7/22/1999 4:50:00 PM
From: Robert Rose  Respond to of 3664
 
<This stock would have come close to the old high, were it not for Greenspan's
comments and the AMZN debacle.>

Agreed re: exds, although I think the inet sector wanted to go down anyway and didn't need much encouragement from AG to use that as an excuse.

<Actually I think it was good in the longer term to
move out some of the old resistance from the last quick run to the $140's.>

This close is probably exds' high for the next couple weeks. Despite the inet sector weakness, I am holding because: 1) I love the stock long-term 2) Too likely that the stock split could cause another run 3) Too likely that further news can propel this hot stock toward its $275 target. Bottom line is that, even ST, I see the reward of holding this stock outweighing the risk of not holding it.

Go exds!