Silicon Investor (SI) -- The First Internet Community

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) -- Ignore unavailable to you. Want to Upgrade?

To: Pruguy who wrote (1477)	10/22/1999 8:45:00 AM
From: DOUG H	Read Replies (1) \| Respond to of 3664

You may be right sir. From below, the revs are of a higher margin nature. Ellen Hancock, president and chief executive, said in a statement that managed and professional services increased to 34 percent of revenue in the third quarter from 20 percent in the prior quarter. Jefferies & Co. gave Exodus the thumbs-up sign ahead of the report, initiating coverage with a "buy" rating. The securities firm set a 12-month to 18-month price target of $100 per share on the company. "We believe Exodus is poised to exploit the burgeoning market for dedicated hosting and other value-added services," Jefferies said.