Buzz Bits: Dow, Nasdaq Close Higher
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Akamai's Thoughts - Fil Zucchi - 2:25 PM
Last week's edition of John Mauldin "Thoughts From The Frontline" discussed an emerging technology known as a "wireless mesh" network. The short of it is that it allows to create a WiMax type network using small radio dishes, with much greater stability and bandwidth.
Minyan RD asked whether "wireless mesh" would portend problems for companies like Akamai (AKAM). The answer, IMHO, is no; in fact, I believe that is the type of technology that could raise content distribution to the next level and actually benefit AKAM.
Why? The answer was laid out in layman's terms in a great presentation AKAM gave just a few days ago at a Deutsche Bank conference. You can listen to it here.
The bottom line is that AKAM's service addresses the problem of congestion in the inner layers of the web (where little money is being spent right now) by locating content at the edge of the network. This allows the content to bypass the crowded areas and be delivered from a location closer to the end user. "Wireless Mesh" is nothing more than a "last mile pipe" used to deliver the content to the end user. To the extent that more content would need to be distributed, the origination of such content from the edge of the web, rather than from some far-flung central server thousands of miles away, becomes even more important.
Another technology that seems to concern AKAM's shareholders is Peer-to-Peer networks. Here, the content is sought out from the closest available server on which the content resides. The problem with P-to-P is that the content provider basically loses control of the distribution process and cannot monitor where, when, and how reliably the content is used (or abused). Therefore, for mission critical delivery services raw P-to-P delivery, at least for the foreseeable future, is not a viable alternative. To become viable, P-to-P requires a management infrastructure that can harness control of the distribution process. This is not lost on AKAM and it is the reason for its recent acquisition of privately held Red Swoosh.
Position in AKAM
Answers I Really Wanna Know... - Todd Harrison - 2:04 PM
- Whats the difference between a frontal lobotomy and a bottle in front of me?
- Are the recent warnings by the highest of the high level players in China akin to Greenspan's irrational exuberance comments (in front of one more massive push higher?)
- Or, is the writing on the Great Wall?
- What do you get when you cross Yao Ming and Allen Iverson?
- Do you think AQuantive asked for cash instead of stock?
- Are all these online advertising acquisitions a direct result of DVR's, as President Fish has been saying for years?
- Don't video games make intuitive sense as the next-gen advertising market?
- Wow, the Yanks are 10 games back and it's not even June?
- Y'all see the VXO hanging onto Bar Mitzvah status like the last shrimp in the cocktail?
- Are we moved yet?
Animal Randoms - Jeff Macke - 12:23 PM
- Monster Kudos to our own Dr. J Najarian for his work tracking the options action in Aquantive (AQNT) and a slew of other names over the last few months. The Najarians have been MONTHS ahead of the herd on front-running phenomenon.
- In a similar gene-pool, the bio-techs and ASCO aren't a brazen example of insider trading run amok; it's just a bunch of people buying and selling stocks based on material information which isn't available to the public. Er... wait a minute...
- My Labrador has been taking a lot of abuse after last night's Fast Money segment on PetSmart (PETM). Ease up, folks, the poor dog is a victim.
- I like Hard Spun in the Preakness tomorrow. He got reeled in by Street Sense in the Derby but he never quit. Of such material are champions made.
- Then again, he's a horse. He weighs a ton and has a brain the size of an infant's fist. I could be misreading the inner workings of his soul.
A Date With Destiny - Jeffrey Cooper - 11:10 AM
Speaking of a date with destiny to the old time high at 1527 (which by the way Todd vue'd early at the beginning of the week as the pull most likely to succeed) this magnet is an interesting milestone for more than one reason.
Take one guess as to how many days it has been since the lift-off date of March 12th 2003.
This may be an interesting time/price square out for the long awaited reaction. Yea, I know the market doesn't breathe anymore, there's so much liquidity out there blah blah blah.
You tellin' me rivers run uphill?
Listen, I like capitalism as much as the next guy but right now this market is a pain in Boo's...
On another note, Terra Nitrogen (TNH), the uber manure... If it takes out the morning low it should be jiggy red once again after a three day bounce.
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