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View Full Version : AKAM getting pounded today


BuyOnDips
07-26-2007, 10:45 AM
They met earnings, but their margins were lower so a few analysts downgraded the stock today. I think it's a good long term buy. I'd let the dust settle first, them maybe buy a little position in a few weeks.

http://finance.yahoo.com/q/ks?s=AKAM

http://www.reuters.com/article/marketsNews/idUKN2524173720070725?rpc=44

wanting2learn
07-26-2007, 12:59 PM
I have to disagree, I would say it's a buy now! Their earnings were double of last years. I think the dust will settle by the end of the day and we'll see it at -10% or so for the day.

BuyOnDips
07-26-2007, 01:50 PM
You probably could buy a little position today. I do believe the stock is on sale now. I would be more bullish on AKAM if the overall market was acting better. I do like the stock long term. I always try to be a little late, than early when buying a position.

BuyOnDips
07-26-2007, 02:07 PM
Here's another point of view from an article from thestreet.com.

http://www.thestreet.com/s/hope-springs-for-akamai/markets/activetraderupdate/10370368.html