Akam beat expectations but their price fell 10% today? It must be that investors no longer trust management and that their operations is not efficient.
Will LLNW beat or at the very least meet expectations? Parallel to akam, then yes. However, NCAA March Madness and NHL Playoffs must of been great for Akam. Those are two river streams that LLNW did not have this quarter.
What does everyone think? Will LLNW price fall 10-20% similar to AKAM, or will it hold strong?
I will tell you what the AKAMAI CEO departure means. (Apparently some of yutz did not heed my vacation advice. Reminder pending. I just had to chime in.)
It means that he sees the 'writing on the wall'. Sell now and get out before his shares drop.
It means buy Limelight. They should meet on high end with upside surprise. See, recent Microsoft and Facebook news. Connect the dots. LLNW should secure the Super Bowl & March Madness contracts go forward due to superior quality. Re: AKAIMAI Super Bowl test graphs vs LLNW? More on the above later.
Ridiculous, Akam just changed their CEO about this time last year. But can this really be the reason for their big price drop. I am wondering because Akam and LLNW usually have similar price changes, and Akam had a very solid quarter with a awful price swing. Should I hold my shares with LLNW? Where will the price be after earnings report?