Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

High-flying Equinix (EQIX +1.8%) rallies after Wells Fargo says its checks indicate the data...

  • Thursday, April 12, 2012, 10:10 AM ET
    High-flying Equinix (EQIX +1.8%) rallies after Wells Fargo says its checks indicate the data center owner is gaining traction with customers providing managed hosting and cloud services, and enterprise growth (historically a laggard) is picking up. Wells adds Equinix, a beneficiary of the ongoing boom in data center construction/demand, is seeing strong demand in key markets such as NYC, Silicon Valley, and D.C., and recently "won a couple of larger deals."
Track new comments on this story

This news story has 3 comments:

  • yeah, but what about free cash flow? The company is crazy expensive as well.
    12 Apr 2012, 10:13 AM Reply Like
  • Agree with you that shares are richly priced. That said, free cash flow is often negative for growth-stage companies operating in capex-intensive businesses.
    12 Apr 2012, 10:47 AM Reply Like
  • >recently "won a couple of larger deals."

    they might be reading SA:

    http://seekingalpha.co...

    just kidding... :-)
    12 Apr 2012, 10:56 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)