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


To: General Crude who wrote (146)10/28/1999 4:57:00 AM
From: DOUG H  Read Replies (1) | Respond to of 695
 
General Custer, Someone needs top tell Gates, Chambers, and Jobs that they're idiots. Any volunteers?

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Impressed with the technology, Microsoft last month agreed to invest $15 million in Akamai, giving it about a 1 percent stake. Cisco also purchased Akamai's Series E convertible preferred stock for roughly $49 million, worth about 4 percent of the company. Apple invested $12.5 million in the firm in June.

Meanwhile, Thousand Oaks, California-based Sandpiper Networks, founded in 1996, reported more than $28.1 million in investments over the past year, from companies including America Online, Inktomi, Eagle New Media Investment (an investment arm of the Times-Mirror Company), Hambrecht & Quist's Access Technology Partners, and Bayview Investors (an affiliate of BancBoston Robertson Stephens).
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To: General Crude who wrote (146)10/28/1999 8:55:00 AM
From: cscott  Read Replies (1) | Respond to of 695
 
I thought that if you were allocated shares in an IPO that you couldn't sell them for 30 days or more (I'm not sure of the actual restriction period). Does anyone know if this is true or not? Or any specifics?