« Nassim "Black Swan" Taleb on Charlie Rose | Main | Largest Pump-and-Dump Scam in History »
Latest Stories
- Reason # 7,732 Why Yahoo Management is Delusional
- First Faux Apple 3G iPhone Teardown
- New York as (Financial) Tech Startup Hub
- Companies Mutate or Die
- Greenspan's Global Tour
August 9, 2007
Limelight Goes Dark
Limelight Networks, the relatively newly public content delivery network hasn't gone dark, per se, but weak quarterly results -- and tepid revenue guidance -- have the stock getting shellacked today, with it off more than 30%. Combine that with the company still under legal pressure over the Akamai lawsuit and you have a stock that seeing lower levels.Somewhere in here, however, I think there is a worthwhile speculative bet. Limelight has a relatively concentrated list of interesting customers, and its business, while still in the $105m annual range, is large enough to be interestingly accretive to another player. When does it become a takeover candidate? Does it require the Akamai IP suit to be resolved? Other?








Digg it
Bookmark it
Stumble it