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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: N/E PATSFAN who wrote (2910)	1/24/2001 5:15:12 PM
From: Dave Gore	Read Replies (1) \| Respond to of 6445

Here's why EXDS is not exactly doing well after-hours. Still an excellent company but looks like possibly some dead money for a quarter or two and maybe even some near term downside risk until the economic picture clears....but then again, who knows how analysts will react, right? From the PR: "Despite the continuing growth of our enterprise customer base, we are adopting a cautiously optimistic outlook for our business in 2001," said Hancock. "This outlook is based on the slowdown of our dot com customers and our plan to briefly delay the opening of new GlobalCenter IDCs so they may be opened under Exodus' standards and eliminate integration risk for those IDCs." Exodus expects revenue for the first quarter 2001 to be in the range of $365 million to $380 million. Gross margin for the first quarter 2001 is expected to be approximately 22 to 25 percent of revenue. EBITDA is expected to be nominally breakeven. Exodus expects a net loss, excluding the impact of amortization of goodwill and intangible assets, of $140 million to $150 million, or $0.26 to $0.27 per share. Exodus expects to achieve significant growth and financial results for 2001 as follows: