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Technology Stocks : Akamai (AKAM) -- Ignore unavailable to you. Want to Upgrade?


To: Rupert who wrote (87)10/24/1999 11:19:00 AM
From: Suresh  Read Replies (1) | Respond to of 695
 
Rupert,

when MSFT invested in the company... they paid at as assumed market cap of 1.5bil for the company. So, market has to be in bad shape for this company to be valued at 1.5bil. BTW, I am including the effect of convertibles and ESOP to come up with 108Mil shares.... they will have happen somewhere along the line so it might be better to include them right now.

BTW even though I think it will carry an extreme valuation at 1.5bil, I will be placing a limit order to buy them at about 6bil market cap and will be very lucky to get it at that price. I am not saying it is worth 6bil, but the current market will not have problem with that kind of valuation.

Later,

Suresh



To: Rupert who wrote (87)10/24/1999 2:04:00 PM
From: William F. Wager, Jr.  Read Replies (2) | Respond to of 695
 
IPO of the Week at the IPO-Fund...

Anyone who has ever been frustrated waiting for their favorite web site to load, which probably
includes every Internet user, will appreciate our IPO of the week, Akamai Technologies. The
company has developed a proprietary set of algorithms which enables the firm to deliver
bandwidth heavy content to end users at high speeds. The company's clients include some of
the top sites on the web such as Yahoo! and Go Network and its partners include technology
heavyweights Apple, Microsoft and Cisco. In addition, the company has a state of the art
network spanning 24 countries so it can reach end users around the world. While the company
is very young and just started generating revenue, it has strong backers, top notch technology
and a huge market opportunity.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

With all the hype building, this may be another Sycamore.

--Bill