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Strategies & Market Trends : ahhaha's ahs

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To: GraceZ who wrote (1502)3/12/2001 2:23:53 PM
From: Keith MonahanRead Replies (3) of 24758
 
Take a look at the revenue growth for AKAM, then look at the rate of growth for their losses.

For the FY ended 12/00, revenues totalled $89.8M, up from $4M. Net loss applicable to Common and before extra. item totalled $885.8M, up from $56.4M.


I think it is important to note that the majority of that loss is due to non-cash items such as goodwill amortization. Also, at the end of the day, companies like AKAM had no choice but to invest in their infrastructure if they wanted to survive. Whether they can move out of this phase and generate profits is an unanswered question, but clearly there will be some diamonds to be found in the rubble once the Nasdaq hits 0.
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