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


To: Pruguy who wrote (1179)9/3/1999 2:11:00 AM
From: Spreck  Read Replies (1) | Respond to of 3664
 
I bought in at 89.50 (before the split) and watched this stock drop like a rock to 60 in five days on no news. The thin float and money manager manipulation is what rocks this stock.I read in some newsletter that a fidelity fund (I think Emerging markets) was its largest holding. A friend of mine said he does not buy this stock because there is no rhyme or reason to its volatility. So either you believe its growing at the rate they claim or you get out if the fire is to hot. Problems are part of every growing business. So I continue to own it and am currently waiting for the selling to stop so I can and will buy more.
GO EXODUS GO
Spreck