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Technology Stocks : Akamai (AKAM)
AKAM 87.16+4.2%Nov 10 3:59 PM EST

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To: SunSunM who wrote (44)10/3/1999 2:25:00 PM
From: Ellen  Read Replies (1) of 695
 
> Only 6 months sales, it is hard to project the revenue growth. What is the good reason to buy this one, except MSFT's 1 stake? <

From a previous post on this thread:
Message 11285763

that gave this link:
redherring.com

Read who their customers are.

Also:

Through June 30, Akamai earned $404,000 in revenues, with operating expenses of $10 million. But Charles Lutstein, an analyst with Forrester Research (Nasdaq: FORR), says the balance sheet will even out. Akamai signs up clients on contracts with terms ranging from 3 to 12 months, and it earns revenues based on the amount of content that goes through its servers. Therefore, says Mr. Lutstein, as traffic continues to grow, so does the activity on FreeFlow. Currently, Apple accounts for 75 percent of those revenues, and the second-largest client accounts for 14 percent, according to Akamai's SEC filing. "Akamai needs to grow and broaden their customer base," says Mr. Lutstein.
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