jstrong
08-11-2001, 02:42 AM
I am not sure why hosting companies go public at this day in the internet age. Hosting is still a great business, if not the best competitive opportunity on the internet, but why would we even consider to go public. Lets go Digex for example. I signed up for a newsletter (Im sure you know who this is) and they give stock reports. Well the first time I saw Digex, they were at around $18.00/share a couple months ago. The Internet is not doing so great these days, so why consider going public. I have a feeling that greed over came venture capitalism. Lets go with Greed. Their shares run only $5.52/share a couple of months later. Sad to see this. I am sure at one time they were a great hosting company, but how many agree with this..... Going Public means that Profits overcome Satisfaction. Especially if profits are down. I know that Rackspace.com was going to take themselves Public, but they backed up. To me, good idea. I am just curious on others opinions on taking your hosting company Public. What do you think of Hosting Companies going public nowadays??
Thank you for your time.
J. Strong
GregS
08-11-2001, 03:03 AM
Yep, them and the Backbones, Greed.....and the need for more money to survive.
Look at
LVLT $4 (Level3)
EXDS $1 (Exodus)
mahinder
08-11-2001, 05:18 AM
though i am not stock exchange expert. but at this time when there is news of companies making layoff's and many companies closing down this is not the right time for companies to go public as investers may not invest at this point of time.
hey, what you guys think about it ?
Studio-51
08-11-2001, 11:40 AM
This raises a good point to what people are in reselling/hosting etc for...
ie, to build up a company and then go public / get taken over?
It would be interesting to see what people long term aims are :)
WebSnail.net
08-11-2001, 12:43 PM
Originally posted by Studio-51
It would be interesting to see what people long term aims are :) Ok I'll bite...
Given that I put myself back in education for a few years my main aim is to keep low profile until I finish my final year. Then work steadily on developing a lasting business with a small number of employees/partners whilst still tackling some other work within wholly seperate markets...
That means event organisation for charities and local groups. I could never stick to just one job 9 - 5pm as I love the challenge of new experiences too much... Besides, if there's one thing that experience both my own and watching others has taught me... if you put all your eggs in one basket they tend to get squashed pretty quickly... There just isn't the security anymore, too much change, too fast.
That help? ;)
B-Broker
08-11-2001, 12:50 PM
Imagine this:
(Ready for this?)
***** AS A PUBLIC COMPANY!
Any ideas how it'd be doing? Or how long it'd last?
RunOfTheMill
08-11-2001, 01:37 PM
***** would probably do just fine as a public company to tell you the truth.
It doesnt matter if they are ********, or their service sucks.
As long as they are making alot of cash, and meeting financial expectations.
Microsoft stock is doin pretty good..look at all the **** they are pulling on people.
B-Broker
08-11-2001, 01:43 PM
Originally posted by RunOfTheMill
***** would probably do just fine as a public company to tell you the truth.
It doesnt matter if they are ********, or their service sucks.
As long as they are making alot of cash, and meeting financial expectations.
Microsoft stock is doin pretty good..look at all the **** they are pulling on people.
Maybe...They'd have the SEC down their backs everyday from reports filed by all of the unhappy customers though. For that reason I think ***** as a public company would be DOA.