Akamai (AKAM) Message Board

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Technology Stocks : Akamai (AKAM)

AKAM 71.98

-3.4%

Nov 4 3:59 PM EST

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To: Frank A. Coluccio who wrote (81)	10/23/1999 3:07:00 PM
From: Rupert	Read Replies (1) of 695

Founded late 1998...$43 million in financing...first commercial service offered April 1999...World Wide Web inventor Tim Berners-Lee and YHOO co-founder David Filo on the Board of Advisors (not Board of Directors).. akamai.com akamai.com ...this seems tailor-made to be a successful IPO...almost _too_ tailormade... The product has been available for 6 months...with such a proven track record who could deny them the multi-billion valuation they'll get. Am I being too cynical about this whole goldrush? Someone is making incredible money from these IPOs. It isn't me. But heck, of course I'll get the stock if it looks buyable next week. Can't argue with their customer list. I mean, even if you purchased the stratospherically valued INAP on its first day of trading a few weeks ago at its intraday high, you'd _still_ be making money today based on Friday's close. And of course none of us wants to be the guy or gal who didn't buy Sun or Dell or Cisco when they came out of the gate... You...me...everyone involved in this knows this is a bubble. Get in if you can, get your profit, and get out while you are still alive. Invest in yourself instead.

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