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Strategies & Market Trends : SEASONALITY STOCK REPORTS

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To: kgoodrich who wrote (98)8/10/2007 9:06:26 AM
From: flota720  Read Replies (1) of 116
 
LLNW GS should be ashamed to IPO this. Will be reloading this sometime in the future. GS put this in the penalty box. Ken quick get the Gorilla.lol

Limelight Networks cut at Goldman on management credibility

By Aude Lagorce
Last Update: 6:45 AM ET Aug 10, 2007

LONDON (MarketWatch) -- Goldman Sachs downgraded Limelight Networks (LLNW : limelight networks inc com
News , chart , profile , more
Last: 8.99-5.81-39.26%

8:50am 08/10/2007

LLNW8.99, -5.81, -39.3%) to neutral from buy as it recognized the mistake made two weeks ago when it upgraded the stock. The broker cited a number of new factors that surfaced during the second-quarter earnings call to justify its move. Specifically, it said management credibility is shaken and pricing and seasonality suggest a maturity level in the content-delivery-network (CDN)market that was not evident a quarter ago. Goldman said that as a consequence the stock is likely to stay in the penalty box for the next couple of quarters
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