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

To: cyberman who wrote (2360)	7/19/2000 9:55:07 AM
From: Rupert	Respond to of 3664

Article "'25 for 2000' Part 4: Inside the Net" by Jim Seymour, TheStreet.com: thestreet.com Here's the EXDS bit: " Exodus (EXDS:Nasdaq - news) remains the best Web-hosting play, and, despite the April slaughter, is having a fairly good year. Up only 4 for the year at midyear, Exodus looks to me like it's ready for another storm surge up, assuming the market holds through the summer. Last week the stock price got a nice bump from investors betting Exodus' talks with Global Crossing (GBLX:Nasdaq - news), to acquire Global's new-ish GlobalCenter hosting business, would jell. Unfortunately, that deal missed, and Exodus will be giving back at least some of those gains this week. But it's reported to have a backup deal in the wings to acquire Digex (DIGX:Nasdaq - news), another hosting competitor, which may temper investors' disappointment. CEO Ellen Hancock and her board have used splits aggressively to keep the stock moving up; with three splits in less than a year, they clearly understand the importance of that rising stock price as acquisition funny-money. I think everything about Exodus looks strong now. "