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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/17/2001 1:58:23 PM
From: besttrader   of 37746
 
Akamai Tech (AKAM) 10.29 +0.33: This afternoon, CSFB says XO Communications (XOXO) announcement that it will resell Akamai's new EdgeSuite service is a positive for the company; views reseller channel as an important means of penetrating the enterprise space for AKAM; expects additional relationships to be announced shortly and anticipates traction from these partnerships toward the second half of 2001.

Direct Broadcast Satellite Industry : Deutsche Banc Alex. Brown initiates coverage of EchoStar Communications (DISH) with a STRONG BUY rating and $50 price target, Hughes Electronics (GMH) with a BUY rating and $30 price target and Pegasus Communications (PGTV) with a BUY rating and $33 price target; says DISH is best positioned, having seized leadership from DIRECTV, sees Hughes as an attractive takeover candidate given potential bidding between News Corp. and EchoStar; thinks PGTV well positioned fundamentally given its exclusive rural focus.
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