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


To: Jane4IceCream who wrote (2985)1/2/2001 8:20:59 PM
From: Dave Gore  Read Replies (1) | Respond to of 3664
 
Finding more stuff: Ellen Hancock, CEO, Comments on Growth from "Techsearch" Interview
December 06, 1999, Issue: 423
Section: Feature Articles

The Start Up and the Grown Up -- A 30-Year IBM Veteran,
Ellen Hancock Gets Young Exodus Down To Business.
Karen Lynch

Interesting quote from the interview:
"From the demand side, where is this market in terms of its growth? In the third
quarter, we added four and a half customers a day to our system. And the
average price that the customer is paying went up. It's $176,000, annualized.
And our sales people are saying, "Look, we're leaving some deals behind
because we just don't have enough people to work on the RFPs [requests for
proposal]." So we just keep adding revenue. And so the analysts have now
increased the estimates for 2000 and 2001. For the first time now, the analysts
are showing us at over a billion dollars of revenue in 2001, with about $600
million for the next year. So there are several aspects that just say this business
was even better than we thought it was going to be about a quarter ago. And it's
clear that we're the leader. We've won somewhere between 75 and 85 percent
of our bids since we went public. We host 36 percent of the top 100 Web sites."



To: Jane4IceCream who wrote (2985)1/2/2001 8:25:49 PM
From: Dave Gore  Respond to of 3664
 
Girl Friday/Tim/All: Good luck to those of us who are courageous enough to hold and buy the dips on stocks we feel have sound business prospects. I hope all will share their DD.