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


To: JakeStraw who wrote (2897)12/22/2000 2:00:24 PM
From: Paul Ma  Read Replies (2) | Respond to of 3664
 
some TA predictions?

Paul



To: JakeStraw who wrote (2897)12/22/2000 2:45:37 PM
From: Dave Gore  Respond to of 3664
 
Jake, the MM's ran down EXDS just under $20 before for a few minutes before running back up. It got there, imo, only because MM's wanted to take out the stop limits and rob the coffers of cheap shares.

It sure could go down more, but odds are it is getting closer to a run up than further fall down. I'm not sure who can pick the bottom of any of these stocks anymore.

I do like this longer term and its reward/risk here. Fundamentally they are in a good sector, being the enterprise Web Hosting leader with a 1-2 year head start over the competition according to Robbie Stephens.

Web hosting is expected to grow over 400% in the next 2-3 years....not a bad place to be.

Good luck all,
Bob