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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jack Hartmann who wrote (99964)4/24/2000 6:10:00 PM
From: Mike E.  Read Replies (1) of 108040
 
AKAM didn't mention this: Akamai Technologies Inc. (AKAM) 77 1/2 -9 7/16: --Update-- Internet content delivery company files with the SEC to increase its share outstanding from 300 mln to 700 mln; shareholders to vote on proposal at May 24 meeting.
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That's some dilution of share value IMO.


Could be they're just making room for anticipated splits...

?

They better start growing faster than that or it will take until 2010 to justify their current valuation!

:+)

Mike
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