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To: pinhi who wrote (31843)	9/5/2000 5:14:36 PM
From: DepyDog	Read Replies (1) \| Respond to of 35685

Does anyone on the Porch follow Xcelera (XLA)? I bought an option Jan171/2 for 6 and change. It made a nice move up 4 7/8 to 26 and change today...then I find this news on it and wonder what effect this will have. Input please? thanks, Depy XCELERA.COM INC - American Stock Exchange: XLA Quote, Profile, History, News, Options, Chart, Big Charts, MarketGuide, StockTalk Remove from WatchList News September 05, 14:14 Eastern Time Lowey Dannenberg Bemporad & Selinger Files Class Action Against Xcelera.com, Inc. WHITE PLAINS, NY, Sep 5, 2000 (BUSINESS WIRE) -- Notice is hereby given that Lowey Dannenberg Bemporad & Selinger, P.C. ("Lowey Dannenberg") has filed a securities class action lawsuit in the United States District Court for the District of Connecticut on behalf of all purchasers of Xcelera.com, Inc. (AMEX: XLA - news) common stock between April 1, 1999 and July 31, 2000 (the "Class Period"). The complaint charges Xcelera and certain of its senior executives with violations of the Securities Exchange Act of 1934 for issuing materially false and misleading statements which inflated the price of Xcelera's common stock. The complaint further alleges that on July 31, 2000, the company admitted that (i) as a result of transactions entered into prior to April 1, 1999, current shareholders were facing a previously undisclosed potential dilution of 32-45%; and (ii) as a result of a transaction announced on March 22, 2000 with Exodus Communications, current shareholders could face a previously undisclosed tax of between $2 and $7 per share. The day after the March 22 announcement, company insiders sold Xcelera stock worth over $45 million, sold another $45 million within a week, and, during the entire Class Period, sold more than $200 million while in possession of material, adverse nonpublic information. The lawsuit seeks to recover losses suffered by investors who purchased Xcelera stock during the Class Period. Plaintiffs are represented in this class action by Lowey Dannenberg, which has extensive experience in class actions and has served as lead counsel in several similar matters. More information about the firm and its qualifications is available on the firm's website at www.ldbs.com. If you are a member of the class described above, you may, not later than October 10, 2000, move the court to serve as a lead plaintiff, provided you meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests with respect to this matter, please contact CONTACT: David Harrison Lowey Dannenberg Bemporad & Selinger, P.C. Telephone 877-777-3581 (toll free) Telecopier 914-997-0035 e-mail: ldbs@westnet.com TICKERS: AMEX: XLA URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. KEYWORD: NEW YORK INDUSTRY KEYWORD: CLASS ACTION LAWSUITS Real Time - enter symbol QuoteProfileHistoryNewsChartMarketGuideStockTalk Delayed - enter symbol(s) Featured Services Real-Time Streaming Quotes Personal Message Center Term-Life Insurance Online Banking Copyright © 1998-2000 FreeRealTime.com, Inc. All rights reserved. User Agreement, Privacy Statement, Exchange Agreements, Version 2.0b