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: Bullitt who wrote (1616)	12/8/1999 10:50:00 AM
From: William F. Wager, Jr.	Read Replies (1) \| Respond to of 3664

RESEARCH ALERT - Exodus started at buy by Merrill NEW YORK, Dec 8 (Reuters) - Merrill Lynch has initiated coveraged of Exodus Communications Inc. <EXDS.O> with a buy rating and a price target of $200. Fourth quarter 1999 revenue estimate is $85.8 million, with an adjusted earnings per share estimate at a loss of $0.37. For FY 2000, revenues are estimated at $617 million, with an adjusted EPS estimate at a loss of $0.69. Exodus is one of the best-positioned players to consolidate the Web hosting and network management market and rapidly move into value-added services, wrote analyst Henry Blodget in a research report. Shares of Exodus were up in pre-open trade at 165 from Tuesday's 144-1/2 close on the Nasdaq stock market. 09:10 12-08-99