AKAM could go to much higher levels

Discussion in 'Stocks' started by cheeks, Jul 27, 2006.

  1. cheeks


    This stock is starting to remind me of QCOM n the late 90's.

    Anyone else catch there conference call today?
  2. qll


    i have no time for it, but #s look good. i bought 6000 shares of akam. at 35.7

    LONDON (MarketWatch) -- Piper Jaffray upgraded Akamai Technologies Inc (AKAM : akamai technologies inc com
    News , chart, profile, more
    Last: 30.00-1.98-6.19%

    8:20am 07/27/2006

    Sponsored by:
    AKAM30.00, -1.98, -6.2%) to outperform from market perform, citing accelerating growth driven by broadband adoption and a surge in demand for digital media content. The broker also raised its price target on the Internet service provider to $43 from $30. Prudential also upgraded the company to overweight from neutral weight, citing the same reasons. "While we have been bullish for some time on the company's fundamental outlook, this quarter showed a considerable acceleration in growth where we thought we might to see growth moderate, plus strong leverage to the bottom line," Prudential said.
  3. qll


    i got shaked out on early weakness with only 10c profit, missed the 100c. i hope you holded it all the way to 37, maybe more tomorrow.

    tomorrow is just another day for earning trading.