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

To: Dave Gore who wrote (2990)	1/3/2001 12:50:58 AM
From: Dave Gore	Respond to of 3664

Paul, here's more from the same report on EXDS's strategy and growth. You need to join at Morningstar.com to get it yourself. One report is from 10-31-00 and another from the first half of December. Also, if you didn't know there are currently 23 Strong Buys, 6 Buys and 1 hold according to Zack's and the analysts overall rating has improved slightly from 1.30 to 1.29 in the last 30 days. One is the best and "5" the worst, of course. For this you can join Zack's or briefing.com. "Strategy Exodus wants to help its customers outsource all of their Internet operations. It provides Web hosting and Internet connectivity and targets Fortune 500 companies as its customers, rather than lower-margin small businesses. What does this company do? Management Ellen Hancock, president and CEO since March 1998, was chief technical officer of Apple AAPL after nearly 30 years at IBM IBM, resigning both times following management shakeups. Exodus was founded by engineers, who are now the chairman and CTO. Morningstar Stock Grades Updated Weekly Growth A+ The company is growing by leaps and bounds. Sales increased 238% year over year to $229.6 million for the third quarter of 2000. However, this 28% sequential growth represents a slowdown from 34% in the June quarter. One last thing: If EXDS gains a 20% Market Share as Morningstar predicts, it will have a $4 Billion stake by 2003 based on this info: "Technology market research firm Gartner Group IT forecasts Web hosting will grow from a $4.2 billion business in 1999 to $20 billion in 2003." I have spent too much time on EXDS so I hope this gives you and others leads to do your own DD. Good luck.