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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: jopawa who wrote (9866)2/14/2001 2:25:08 PM
From: Sawtooth  Read Replies (1) | Respond to of 15615
 
<<An Exodus spokeswoman declined to comment on the stock sale or the convertible bonds.>>

I've not yet figured out why companies do that. There has to always be something positive to say. Declining to comment in this sort of situation gives the impression of wanting to keep things behind the curtain. Anyone know the reason even good companies do this so frequently?

.........VVVVVVVV



To: jopawa who wrote (9866)2/15/2001 4:17:17 PM
From: RobertSheldon  Respond to of 15615
 
*Analysts Surprised by Exodus' Funding Spree*

The analysts are making the following mistake:

The difference between square footage demand and facilities actually BEING built will be 10,000,000 by 2004 (many companies have announced builds but do not have the capital or the permitting to do so). We will probably see lease rates in the $2,000 square foot range - some of you may recall we were seeing $900 last year and $1,000 now.