To: Sir Auric Goldfinger who wrote (2324 ) 7/12/2000 3:16:43 PM From: Shaw Read Replies (2) | Respond to Auric, it is a big world out there, there is enough business for more than one player. The play right now!! is all about market share, and execution, nothing you say will change the present fact that Exodus has achieved high marks in both areas. You and I are not informed enough to know all the future uses for Exodus's operations, but I feel that this is the hidden growth element that is key. I choose to play the side of growth and developement that will come from mariages due to present and future on going innovations. The fact that Exodus has secured a large hold on a high tech platform that is in demand, and that Exodus will be able to grow and expand the uses of their platform, as technological innovation makes that possible, is to me the strength of this story. I base my confidence on Exodus's past and present ability to execute. Auric it is not all about the current debt status or cash burn rate. It is really about the operation Exodus is growing, and the yet to be seen future uses for their platform. Exodus obviously has the jump on the competion, what they do with thier market share in this industry is whats key. So far third partys agree that Exodus is executing well. If the present and future growth in High Tech innovation were static, I would agree that in time the value of the platform that exodus has built so far would fall away and be burried in debt., but this is not the case. Rather Exodus has already secured a large foot print in its industry, and that footprint is growing at the rate of 6 customers a day. Once again this footprint has yet to be realized value, due to future uses that technology will build into Exodus's operation. We are stepping closer and closer to creating the world of George Jetson, and I believe that less sexy co.s like Exodus are a important part of this build out in thier own way. The opportunity to grab market share is now, even if you have to borrow money to do it. I choose to open my mind to the future opportunitys for Exodus, you choose to focus on the financial weight they are carrying. I see future unrealized opportunitys that the platform they are building will lead to. I say without Exodus's present platform, and present and planned future growth and innovation there is no future. You seem to say that because Exodus's running in the red and accumulated debt there is no future. I would agree with you if I had the perception that Exodus wasn't putting its finacial resources to good use, by creating a large and stable enterprise, with on going future growth, due to the element of on going high tech innovation. It is really all about the size of the platform Exodus creates now, the eventual size of thier franchise, will be very significant in determining future financial strength. The bigger their market share, the better chance they have of attracting future mutual beneficial relationship with co.s that hold new key high tech key innovations. This is a game of positioning for the future and continuing to create and attract on going high tech innovation. Once again we don't even yet know the future value of the foot print Exodus has created to date. We do know the opperation is a cash cow. Its like investing in a utility with with yet unquantified dynamic growth.
