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Technology Stocks : Akamai (AKAM)
AKAM 97.14-2.2%3:59 PM EST

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To: BarbaraT who wrote (337)11/4/1999 7:55:00 PM
From: The Phoenix  Read Replies (1) of 695
 
Barbara,

I think there were a number of folks here that were interested in the IPO. However AKAM is trading at ridiculous prices and so what you're getting is that sentiment. Those of us that like what AKAM is attempting to do will buy but when it get's down to more reasonable levels..and well... $174 is still to high. After a bit more dd this pup is probably a $15-$20 stock...add in investor enthusiasm and you have a $50-$70 stock at best.

So, the informed investors are little tweeked that a what could have been a good long term play is valued at an insane price. This is dead money for five years at these prices.

OG
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