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

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."
Comments (3)
  • Stone Fox Capital
    , contributor
    Comments (5788) | Send Message
     
    yeah, but what about free cash flow? The company is crazy expensive as well.
    12 Apr 2012, 10:13 AM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (753) | Send Message
     
    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
  • Paolo Gorgo
    , contributor
    Comments (193) | Send Message
     
    >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
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