SI
SI
discoversearch

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 : iBeam Broadcasting Corporation - IBEM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Capitalizer who wrote (76)7/25/2000 7:03:03 PM
From: Walter Morton   of 148
 
Last quarter AKAM had twice as much cash as IBEM. But you are right AKAM had a greater loss ($43.4 million) than IBEM ($33.1 million) had in the past quarter.

AKAM's loss per customer seems to be less than IBEM's. IBEM announced total customers of 225 while AKAM announced 2,100 customers and including 895 recurring accounts, almost double the 425 recurring accounts it had at the end of the first quarter.

However, IBEM did had a greater increase in sales as compared to AKAM's 151% over the previous quarter.


Now, IBEM is increasing its shares outstanding by about 20 million to buy NextVenture. I don't know how it paid for its other two acquisitions (stock or cash). I know I don't like to see the value of my stock diluted by 20%. But new investors may jump on board as the stock price falls and bring IBEM up to a new high.

Market value at this time may be based on the relative number of customers or number of individual simultaneous streams each company is currently capable of providing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext