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 : Oclaro, Inc. (Avanex-Bookham) -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (1013)	11/16/2000 2:55:25 PM
From: Techplayer	Respond to of 2293

OT Victor, Perhaps the internet is not dead...this company certainly feels that there is demand. DJ Exodus Communications Sees 2001 Cap Spending $800M-$1B WASHINGTON (Dow Jones)--Exodus Communications Inc.'s (EXDS) capital expenditures for 2001 are expected to total between $800 million and $1 billion, the company said in a filing with the Securities and Exchange Commission on Monday. The company expects 2001 revenue to total about $1.9 billion, according to the filing. The company last month reported that it expected about $1.8 billion in revenue for fiscal 2001. As previously reported, the company said it expects a net loss of 10% to 13% of revenue, or between $190 million and $247 million. In addition, Exodus predicts that its EBITDA margin for 2001 will total between $361 million and $418 million, and its gross margin will total between 36% and 39% of revenue. Exodus also provided the 2001 financial outlook to analysts at its investor day held Friday. Exodus, based in Santa Clara, Calif., provides Internet system and network management software for companies with Internet operations. -Al Hennagir, Dow Jones Newswires/Federal Filings Business News; 202-628-9793. (END) DOW JONES NEWS 11-14-00 12:26 PM