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

To: Raymond Duray who wrote (99)	10/25/1999 1:41:00 PM
From: $Mogul	Read Replies (2) \| Respond to of 695

Message 11695948 By Steve Gelsi, CBS MarketWatch Last Update: 9:37 AM ET Oct 25, 1999 NewsWatch SAN FRANCISCO (CBS.MW) -- Digital Island said Monday it's buying privately-held Sandpiper Networks in a stock deal worth about $621 million. Digital Island (ISLD: news, msgs) and Sandpiper plan to "integrate content delivery, hosting and intelligent network services" aimed at a global e-business applications. Shares of Digital Island added 6 1/4 to 29 1/4 on Monday morning. Sandpiper's shareholders will receive 1.07 shares of Digital Island for each Sandpiper share or a total of about 27 million shares of Digital Island. The merger is subject to approval by shareholders of both companies. The deal comes on the heels of an explosion in networking stocks such as Foundry Networks (FDRY: news, msgs), and Sycamore Networks (SCMR: news, msgs), which debuted with a 387 percent jump in its initial public offering on Friday. See IPO Daily Report. The coupling also challenges another red-hot initial public offering expected this week from networker Akamai Technoloiges (AKAM: news, msgs). The merged firm will combined Digital Island's TraceWare software and Sandpiper Networks' Footprint products to speed up Internet content delivery. Digital Island Chief Executive Ruann F. Ernst will head up the combined company. Digital Island and Sandpiper's combined network will include more than 1,200 Web servers feeding 21 countries with a network of five regional data centers. It'll "create the first complete solution for Web-based marketing, sales, fulfillment and support applications worldwide," the companies said. The 100 customers in the combined company will include E Trade, Cisco Systems, Intuit, Novell, CNBC.com, Mastercard, Value America, Microsoft, and the Los Angeles Times. Leo Spiegel, currently president and chief executive of Sandpiper Networks will become President. The combined company will be headquartered in San Francisco and will have sales offices, regional data centers, and operations facilities spanning eight countries.

To: Raymond Duray who wrote (99)	4/13/2000 11:24:00 AM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 695

circa late-october pre-AKAM trading: >My speculation is that some small percentage of the fools who are now underwater on Sickamore may not want to chop off their other (enter favorite body part here) on this one. Maybe it will give us patzers a chance.< geocities.com step right up, Karate Kid! you patsy, you got your IPO price! still, i do recommend landing gear that actually re-deploys after take-off as the AKAMikaze still sports a hefty near $9B market cap on $4M(!) ttm revs. (btw, where have all the good times gone? nearly 1/3 of all posts occurred on opening day; 40% pre-IPO. can you say, "not a secondary's chance in Noboribetsu?" [famous Japanese hot spring].) anyhoo, hope you're not having the same market problems as me, ray: geocities.com -chris. postwords: as embedded geocities links are prone to 404, go here to play (if you like): geocities.com