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6 pts

Opinion on  RAX (RAX)
Nice Pair Of RAX

Aug 08, 2008 02:40 PM UTC
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Return Risk
-26.63% LOW
Analyst

As a software developer and project manager myself, I was naturally attracted to this IPO. Rackspace has been around for years, they provide server management and hosting services. In short, they provide the physical location, security and data pipe for internet based applications and website of significance. They are pretty much the name brand.  The Analyst target price is between 12-16 dollars, this is great since I now can buy at 10.50


RAX:  This call was made on 08/08/08 @ $10.75
Rating:   Positive   $10.75 (08/08/08)
Closed:   08/10/2008 @ $10.06 (-6.42% in 2 days)


Comments (2)

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simplenick   48%     1 point   commented 104 days ago reply

As a software developer and project manager myself, I was naturally attracted to this IPO. Rackspace has been around for years, they provide server management and hosting services. In short, they provide the physical location, security and data pipe for internet based applications and website of significance. They are pretty much the name brand. The Analyst target price is between 12-16 dollars, this is great since I now can buy at 10.50
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simplenick   48%     1 point   commented 102 days ago reply

I take that back, I was wrong. any stock that can mess up its IPO on a plus 300 day should be shot.

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Who voted on this idea?
Mgp
Mathieu Godbout Paquet 77% 09/01/2008



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simplenick previously rated RAX
Negative -12.43% Bearish on RAX ...
08/10/2008
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