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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (47649)	5/21/2001 12:15:19 PM
From: figanin	Read Replies (2) \| Respond to of 49816

The goodwill write-off must have been from this purchase judging from the price: February 07, 2000 Akamai Technologies, Inc. and INTERVU Inc., a service provider for Internet audio and video delivery solutions, announced that they have signed a definitive agreement for Akamai to acquire INTERVU in a stock-for-stock transaction valued at approximately $2.8 billion. Each share of INTERVU common stock will be exchanged for 0.5957 shares of Akamai common stock. The only other acquisition was cheap Net24 at $12.8M...somewhere in this list. yahoo.marketguide.com Anyway - looks like much of the stock price suffering may have been due to paying way to much fro INTERVU. Will watch & also check out some other Content Delivery companies - not familiar with this niche. fig Man they are a PR machine - look at all those alliances.