Rackspace IPO: Failure or early opportunity?

http://www.fool.com/investing/high-growth/2008/08/08/uh-oh-its-an-ipo.aspx

by bullseye • 18 years ago

3 3 18 years ago

fool.com

sdpurtill• 18 years ago

failure

truebosko• 18 years ago

More insight for the curious? I don't know much about Rackspace, minus what they do so their IPO intrigues me.

iigs• 18 years ago

It's a tough market right now. I think they look pretty good, overall. To me they pass the "would you buy from them?" test that you hear about occasionally. I think this means that we don't have to hear "A second quarter with no IPOs!" in September, so that's great.

A comment at the bottom of the article was saying that the cloud/utility computing thing could be working against them because they'll be competing with the likes of "Google, Amazon, Microsoft, IBM, Oracle, and to a lesser extent salesforce". I'd say that as a company with a core business of operating a large herd of machines critical to other peoples businesses, they are probably as well off as any of those other companies. I would certainly give a hosting/ISP type company a shot at running my cloud/utility computing setup if I were to ever need one.

Rackspace IPO: Failure or early opportunity?

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