there are many boards where the people know very little about what they have invested in. This board has to be one of the worst (or you are all short and just talking to hear yourself talk).
CEO Dr. F. Thomson Leighton must be replace. He has no business skills. He should just work for a university who survives on grants. He can be a consultant to the CEO but not a CEO.
I have sold at a Loss. Not Happy, but I should have never Purchased to begin with.The Company is Earning Less and Less and Employing More and More People.Seems that the CEO / Teacher is using this company as His employment Agency for Harvard Students.He does not give a #$%$ about the Stock Holders as he just keeps giving himself Free shares.Everyone else is providing all the Services they have at a Much Reduced Price. He Thinks he has something that can not be duplicated and Everyone and their sister if offering the Same Service. Hence the Earnings heading slowly down.Next to go is Cloud Security which is available at CloudFlare etc.... The Only thing that could save this is if someone purchased it for its Current Overpaying Customers. JFK
AKAM CEO Dr. F. Thomson Leighton destroyed many investors hopes and dreams. Pity the old people who trusted AKAM but with an incompetent CEO their investment melted. A stupid error of acquiring another company with cash then lowering the succeeding quarter target. If only there is a term limit for CEO performing poorly then he can just go back to MIT to teach. He can be a good teacher because he learned the reality of business thru his own mistakes. However, he cannot be a good leader. How many more times will he fail?
Does this stock have any bounce? or will it settle around this point until next earnings?
Instead of AKAM buying a company, why don't the management let another firm acquire AKAM to be better manage bringing to profitability. AKAM is just wasting money paying bonuses to an under rated CEO.
AKAM will consistenly decline unless the board replaces the current incompetent CEO.
Stock seems to have found a bottom. Likely a good chance for a rebound
AKAM is going to fall like SNCR. I feel sorry, but that true. I may give a chance at 32..down to 25
I love to see this many bashers. They are like the liberal main stream media, never right. The bottom is in. Good to see.
Beware - Breaking through support today... If it doesn't hold the possibility is that $40 will be the next support level. Two year low is the next support level.
Bottom reached now. Oversold ! Time to accumulate.
how come a great comapny like Akam can go down in three months 33%, while it missed only expectations by less than 1%? Can we ask the CEO, why Akam shows such cyclical swings?
AKAM charts are pointing to 42. AKAM is almost dead..missing earnings
Don't try to catch a falling knife... I've been in and out of AKAMAI for years. This last down turn still has a way to go from what I have studied. It could possibly go to a 2 year low before it finds legs. I'd stay away until this hit the mid to low $40 range.
It would take a looooooooooongggg period to recover. Always a short term or momentum play but never a long term. It has to buy a company just to release a new product feature or to add a client. Akam needs an innovative leader that has a pioneering mind.
No real investors would now want to touch AKAM with a 10 foot pole. They have been burned many times. AKAM traditionally has been infested by pumpers and shorters. Only the executives and Goldman Sachs are making money. To play AKAM should be a momentum player. Long term players will always be toast. AKAM cannot come up with a new product and features these days unless it buys a company that cost them big money so they have to lower their next quarter estimate targets pulling down the stock price. Big clients are gone. Original executives already left the business. Current executives are just average in technology innovations lacking leadership. It is trying to squeeze in a business that is becoming tight for them because it cannot innovate. Big customers can now do themselves in-house what AKAM can provide them. AKAM from being a leader in technology now becomes a follower and sooner merely a user selling peanuts at the corner street.